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Langley Federal Credit Union Leads District in SBA Loan Volume

Dec 4, 2013 by Lewis Wood

Langley Federal Credit Union has been named the top credit union in Small Business Administration (SBA) loan production by the Richmond District Office of the SBA. The district spans from Virginia Beach/Chesapeake to the borders of Prince William County. 

CONTACT:
Sue Thrash, Director of Research/Communications
Phone: 757.643.8712
Email: sthrash@langleyfcu.org                                                                                 

NEWPORT NEWS, VA – Langley Federal Credit Union has been named the top credit union in Small Business Administration (SBA) loan production by the Richmond District Office of the SBA. The district spans from Virginia Beach/Chesapeake to the borders of Prince William County. Langley also ranked number 12 overall among all SBA Lenders in the Richmond District region. Langley has been offering SBA Loans since 2008.

“Credit unions play an important role in SBA and small business lending,” said Small Business Administration Richmond District Office Director Jayne Armstrong. “Thanks to this critical partnership small business owners have more access to a wide range of financing options than ever before.”

“The Business Lending staff worked extremely hard to increase our SBA loan volume,” said LFCU Vice President of Business Lending Natasha Merz. “It’s great to see our hard work and persistence pay off with the recognition from the Richmond District Office of the SBA. We realize the importance of small businesses and will continue our support in the upcoming year.”

Langley Federal Credit Union serves over 183,000 members and has more than $1.8 billion in assets, ranking the financial cooperative as one of the top 100 largest credit unions in the nation. Located in Hampton Roads, LFCU has served the community for more than 77 years.

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