After working in the banking industry for 28 years, where he ultimately focused on commercial services, Mike Mucilli joined CU Business Group and noticed a common mistake being made among credit unions – confining their business services program to their main office and not expanding it into their branches.
Speaking to attendees of the virtual conference hosted by the Portland, Ore.-based business services CUSO Thursday, Mucilli said it makes sense to bring branch staff up to speed on commercial lending because first, a credit union's branches hold its best salespeople, and second, business owners have been groomed by banks, which have been in commercial services much longer than credit unions, to visit local financial institution offices for their banking needs.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.