Two More CUs Expand Into Business Services

EAST HARTFORD, Conn. - Two more CUs are expanding into business services. The $979-million Eagle FCU here, through a partnership with CU Business Capital, LLC (CUBC), Miramar, Fla., has expanded its offerings to include business loans, leases and SBA loans, deposit products, business checking and MMAs, remote deposit capture, commercial insurance products and more. In the process American Eagle has also become a Tier II equity partner of CUBC, which is a CUSO, entitling it to pricing discounts on CUBC services.

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Meanwhile, in San Jose, Calif., the $300-million Valley CU has also begun offering business services, with both lending and savings products. (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com


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