Don Jackson, bottom left, and other members of Truliant Federal Credit Union's SBA team, which Jackson leads.
Credit/Truliant
Credit unions generated less than 3% of SBA loans in the fiscal year that ended Sept. 30, but the biggest producer among them was Truliant Federal Credit Union of Winston-Salem, N.C.
The Small Business Administration (SBA) Lender Report showed Truliant ($5.3 billion in assets, 354,712 members at June 30) originated 66 loans worth $104.1 million in the 12 months ending Sept. 30. The report revealed Truliant's production ranked No. 55 among all 1,464 banks, credit unions and other lenders in the fiscal year. Among the 167 credit unions, it ranked No. 1 for SBA 7(a) loans, the agency's primary loan program for providing financial assistance to small businesses.
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