Alliant CU Enters MBL Market
CHICAGO – Alliant CU is moving into commercial lending and plans to make commercial loans for up to $10 million.
The $8 billion credit union hired Mark Trever as vice president of commercial lending to finance commercial real estate, businesses and property managers, among others. “We have been exploring commercial lending opportunities for several years, and decided that the time is right for Alliant to enter this business,” said Alliant President David Mooney.
Alliant, one of the nation’s largest credit unions, serves employees of Kaiser Permanente and United Airlines.