Financial Plus Credit Union has been named Michigan Certified Development Corporation’s (MCDC) 2022 Credit Union of the Year. This award celebrates the credit union's commitment to fostering economic growth and supporting local businesses through the effective implementation of the Small Business Administration (SBA) 504 Loan Program.

As a Certified Development Company (CDC) authorized by the SBA in 1982, MCDC plays a vital role in facilitating small business financing. This accolade further solidifies Financial Plus Credit Union's unwavering dedication to empowering entrepreneurs and driving economic prosperity.

"We’re honored MCDC selected Financial Plus for Credit Union of the Year," said Nathan Adams, Director of Business Services at Financial Plus Credit Union. "This recognition reflects our deep-rooted commitment to the communities we serve and the success of local businesses. I’m proud of the hard work our team gives everyday with originating, underwriting, documentation and coordinating all of the information for the SBA process, all the while providing our members with a powerful solution that helps them invest in their businesses."

Through the SBA 504 Loan Program, Financial Plus Credit Union has demonstrated unparalleled expertise in providing long-term, fixed-rate financing options for small businesses. By offering favorable terms and competitive rates, the credit union has supported countless enterprises in acquiring major fixed assets, such as real estate and equipment. As a result, local businesses have been able to expand their operations, create new jobs, and make significant contributions to the economic landscape of Michigan.