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Credit Union Conversations: The Role of MBFS in Strengthening Credit Unions and Business Lending

In this episode of with flying colors, host Mark Treichel speaks with Mark Ritter, CEO of Member Business Financial Services (MBFS). Ritter sheds light on his journey in the industry, starting from establishing a business lending program at a Central Pennsylvania Credit Union, which grew into one of the top ten in the nation. He shares the challenges and learning incidents related to commercial lending from his extensive experience. MBFS has made a significant impact by helping countless credit union members get the financing they need for business and investment. Ritter underscores the importance of relationship-building, focusing on diverse portfolio strategies, and the advantages of collaboration in the industry. He also encourages credit unions to leverage programs like the SBA lending for their growth.

00:00 Introduction and Guest Background
03:13 The Journey of Commercial Loans in Credit Unions
18:32 The Role of QSOs in Credit Unions
20:38 Future of Commercial Lending in Credit Unions
24:43 Closing Remarks and Contact Information

https://www.mbfs.org/strategic-partners.php

https://markritter.com/podcasts/