COLUMBUS, Ohio [June 8, 2023] -Telhio Credit Union has been named a Top Ten 7a
Lender in the Columbus District for Fiscal Year 2022 by the U.S. Small Business
Administration.
Telhio is
Ohio's fastest-growing credit union and Ohio's top SBA (Small Business
Administration) lending credit union, serving more than 71,000 individuals,
families, and businesses across central and southwestern Ohio. The Columbus
District Office of the SBA recognized the top ten lenders by number of approved
loans for Fiscal Year 2022. These loans were extended to borrowers with
business addresses in the 60 counties that comprise the Columbus District.
Telhio was ranked number three overall during this period.
"We
are thrilled to receive this recognition, which is a testament to our team's
expertise and dedication to serving our members with excellence," said Telhio
Chief Lending Officer Mitch Vocke.
"It is this type of partnership with, and recognition by, the SBA that
contributes to the success of our lending programs."
The Telhio Business Services Division is responsible for developing and
implementing lending strategies, managing loan portfolios, and ensuring
compliance with all relevant regulations. Recognizing that small businesses are
the backbone of local economies drives the team's commitment to partner with
small businesses throughout central and southwestern Ohio.
"Telhio
is consistently at the top of the SBA Columbus District Office's list of
high-performing lenders," said SBA District Director Everett M. Woodel Jr. "Out
of nearly 250 lenders in our district, Telhio is clearly a rising star that is
now ranked as the third largest lender by number of loans."
About Telhio Credit Union
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. 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.)
