Texell Credit Union Receives SBA #1 in Credit Union Lending Award

Posted on January 31, 2024

IMAGE: Business Officer Jessica Winders and Commercial Support Specialist Camille Lobato receiving award with two representatives of the North Texas Association of Guaranteed Lenders.Texell Credit Union received the Small Business Administration’s (SBA’s) #1 in Credit Union Lending Award. On January 24, the North Texas Association of Guaranteed Lenders (NTAGGL) presented the award to Business Officer Jessica Winders and Commercial Support Specialist Camille Lobato at the SBA Lender Awards in Dallas.

As the only credit union to receive an SBA award at this event, the award represents not only the growth of the credit union, but the rise of small businesses in Central Texas. Texell’s Vice President of Commercial Services, Galen Burke, joined Texell in 2011 and witnessed the credit union’s advancements. In the past few years, the Commercial team expanded from a few employees to a large team that continues to add new job positions.

“Our team takes pride in helping our small business owners achieve their dreams,” said Galen Burke, VP of Commercial Services. “We’ve come a long way from consumer lending to now offering commercial and SBA loans, and I’m honored to share this award with our team.”

Texell offers SBA 7(a) and 504 loans, and the commercial team guides members throughout the process. Other products include commercial real estate, acquisition, equipment, and working capital loans. For more information, contact Texell’s Business Loan experts at BusinessLoans@Texell.org or call 254.774.5161.

About Texell Credit Union:

Texell Credit Union has eight branches in Central Texas and offers a variety of financial products and services for consumers and businesses. With roots dating back to 1948, Texell has more than 50,000 members. Texell has been honored with the Excellence in Lending Award from CUNA Mutual Group, the Desjardins Adult Financial Literacy Award from the Texas Credit Union League, voted as the “Best Bank/Credit Union” by the readers of the Temple Daily Telegram, “Best Credit Union” by the readers of the Killeen Daily Herald and the Belton Journal, and consistently earns the highest five-star, superior rating for financial soundness from Bauer Financial. Visit www.Texell.org for more information.

 

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