COLUMBUS, Ohio (May 6, 2025) - Telhio Credit Union has been designated a Top Ten 7a Lender, ranking second overall among nearly 100 lenders in the Columbus District by the U.S. Small Business Administration. The recognition returns to Telhio for an eighth consecutive year, reinforcing the accessible and competitive financing options offered by its business division.
For Fiscal Year 2024, the Columbus District Office of the SBA recognized the top ten lenders based on the number of approved loans, with Telhio Credit Union ranking number two overall. Notably, Telhio was the only credit union ranked within the top ten lenders. These loans were provided to borrowers with business addresses across central Ohio within the Columbus District.
"This distinction is an honor for Telhio, and a title that is close to the heart of our mission," said Derrick Bailey, CEO of Telhio Credit Union. "As an SBA lender, we're able to serve members within our communities through financial wellness conversations and provide the financial services they need to succeed."
The Telhio Business Services Division is responsible for developing and implementing lending strategies, managing loan portfolios, and ensuring compliance with all relevant regulations. Telhio Credit Union remains committed to providing exceptional financial services and support to small businesses, reinforcing its role as a key partner in fostering economic development and community growth.
"SBA Columbus District Office proudly recognizes Telhio Credit Union as a Top 10 SBA Lender in Central and Southern Ohio", said District Director Terry A. Bolden. "Telhio's dedication and continued commitment to helping small businesses achieve success has made a lasting impact to the community."
For more information about Telhio Credit Union's business services and SBA lending programs, visit telhio.org/business.
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As Ohio's top SBA (Small Business Administration) lending credit union, Telhio serves more than 68,000 individuals, families, and businesses across central and southwestern Ohio with the newest innovative financial technology, while providing personalized service for each member. Founded in 1934, and owned
and governed by its members, Telhio's core values of caring, commitment and integrity guide each action and decision the credit union makes. We've continually renewed our pledge to putting people over profit, allowing us to deliver exceptional service to our members for over 90 years.
Telhio offers 12 branching offices in Ohio and nearly 4,000 shared branching locations nationwide. Telhio is open to anyone who lives, works, worships, or goes to school in central and southwestern Ohio and participates in the highest level of combined federal and private share savings insurance available, insuring deposit accounts up to $500,000. (Federally insured by NCUA. Additional coverage up to $250,000 provided to consumer account holders by Excess Share Insurance Corporation, a licensed insurance company.)
