ATLANTA-Since NCUA expanded the number of CUs eligible for the low-income credit union designation, which means a higher cap on MBL, WorldPay has seen its business and support for the industry rise.
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"Merchant-processing companies, like ourselves, have been integral in helping credit unions grow their business accounts and commercial lending," explained Jason Metcalf, director of business development.
"When we partner with a credit union we will not only assist them with our services, we will bring them small -clients," added Metcalf. "We encourage clients to move their loans and deposit accounts over to the credit union. Credit unions are seeing a lot of new business activity this way."
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