Q&A on Commercial Lending
Q&A: How Credit Unions Can Strategically Expand into Commercial Lending Credit unions of all sizes are looking for ways to better serve their members, build long-term relationships, and stay competitive. Commercial lending is gaining traction as a strategic pathway to achieve these operational goals. In this Q&A feature, we speak with Patrick Gullatt, President & CEO of Barksdale Federal Credit Union (‘Barksdale FCU’ – $2.4 billion in assets), Migual Patterson, President & CEO of Lampco Federal Credit Union (‘Lampco FCU’ – $80 million in assets), and Richard Guillot, President & CEO of Business Alliance Financial Services (‘BAFS’), to discuss why commercial lending matters, keys to cultivating a successful program, and how credit unions of varying asset sizes can approach this...