Secondary Market Eyed For CU BusinessLoans

MADISON, Wis. - (01/26/05) -- MEMBERS Business Solutions, a CUSOdeveloping a secondary market for credit union business loans, saidTuesday it has contracted with Bankers Systems to implement thecompany's Rembrandt Lending System to help establish loandocumentation. Bankers Systems, a unit of WoltersKluwer, will alsoparticipate on a committee formed by MEMBERS Business to helpcreate documentation requirements for a national secondary marketfor member business loans. MEMBERS Business Solutions I a unit ofMEMBERS Development Co., LLC, which is owned by credit unions andCUNA Mutual Group.