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Business Banking at Meriwest Grows As Customers are Satisfied with Great Service

06/15/06

Contact:
Sandra Citrigno
(408) 365-6383
scitrigno@meriwest.com

FOR IMMEDIATE RELEASE

SAN JOSE, Calif., May 30, 2006 -- Meriwest Credit Union, one of Silicon Valley’s largest financial institutions, has seen considerable growth with their business banking services since its launch in January 2005.

Richard Borland, Assistant Vice President of Business Banking, who is responsible for overseeing and monitoring the business loan portfolio, training and supervising staff, and creating policies consistent with the credit union’s goals, has seen a considerable growth in deposits and loans since he hired his first employee, Brad Abel, Commercial Loan Officer.

"Brad has developed good relationships with small business owners to provide the best advice and ideas to ensure the success of their business. He has made Meriwest Credit Union visible to the business community."

"Members have found us competitive among banks with significant savings by avoiding the high deposit and loan fees and prohibitive deposit requirements typical of most business banking relationships," said Borland.

Since hiring Brad Abel, Meriwest Credit Union’s Business banking division has hired one more experienced commercial Loan officer and one customer relations representative.

The commercial loan officers promote the different types of loan products and services that business banking offers, as well as finding new business.

The customer relations representative is the "behind the scenes" person of business banking, responsible for handling phone calls and attaining to all business customers by providing the professional customer service Meriwest is known for.

"Each of my staff members has the expertise of what it takes to provide the best service to our business community. We provide a personal touch for our customers and make sure we meet their needs when it comes to deposit accounts, in addition to lines of credit, vehicle and equipment financing or purchasing and refinancing of commercial properties."

Meriwest’s Business Banking offers:

  • Business Checking – Free, Basic and Premier
  • Business Savings and Money Market Accounts
  • Business Loans and lines of credit
  • Commercial Real Estate Loans – 1st and 2nd
  • Credit Union Membership for Business Employees
  • Online Services – Online banking, Bill pay, e-statements
  • Merchant Services, Payroll Services, Business Credit Cards
  • Member Service representatives dedicated to servicing the banking relationship

If interested in interviewing Rich Borland or his team regarding Business Banking at Meriwest Credit Union, please contact Sandra Citrigno at 408-365-6383 or via email at scitrigno@meriwest.com.

About Meriwest Credit Union
As an established and proactive full-service financial institution, Meriwest is dedicated to making life easier for businesses and families in the San Francisco Bay Area and Tucson, Arizona through personal, convenient and innovative financial services.

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Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government by the National Credit Union Administration, a U.S. Government Agency. Certificate accounts with an original term of one year or greater are privately insured by American Share Insurance for up to an additional $100,000. We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act. Copyright 2008 Meriwest. All rights reserved.