Thursday, February 5, 2009

Micro business is not micro deposits

An interesting article in the Raddon Report on micro businesses. Very interesting stats and I think a very interesting idea. Too often credit unions only view business services in the terms of commercial lending and analysis deposit or treasury management services. The micro-business segment is completely forgotten by most institutions but likely fits better with most credit union operations that the other types of businesses. Maybe the search for liquidity, increased net interest margin and fee income is right next door to the credit union branch.

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