ANN ARBOR, Mich.–Michigan Business Connection (MBC), a CUSO providing commercial lending support services, celebrated its 15-year anniversary with a reception and open house for its credit union partners and employees.
“A lot has changed in 15 years," said President/CEO Bill Beardsley. "Big banks have gotten bigger while the number of community banks have declined substantially. In Michigan, credit unions have stepped up and filled a community-based financing void. We’ve been a proud contributor to that result. We started MBC with one employee, five credit unions and no loan portfolio and now have more than 40 team members, more than two dozen credit unions and nearly $800 Million in an entirely Michigan based portfolio. MBC truly values the relationships we have built over the past 15 years. Our team, our credit unions, our partners, friends and the greater business community have each played a role in allowing us to reach this milestone.”