Great Basin Federal Credit Union Chooses JR Bruno & Associates
Leading consulting firm to SBA & Member Business Lenders assists Great Basin in establishing the credit union’s SBA and MBL program
SAN FRANCISCO, CA (June 24, 2013) J. R. Bruno & Associates, a leading consultant to SBA and member business lenders, has been chosen by $125 million Great Basin Federal Credit Union, Reno, Nevada, to assist the credit union in establishing its SBA and member business lending program. The J.R. Bruno team of consultants will work with Great Basin over the next two years, providing services including underwriting, loan packaging, portfolio management and staff training.
According to Great Basin COO Jennifer Denoo, the credit union chose J.R. Bruno based on the firm’s expertise and the flexibility of the working relationship. “After reviewing other options, we liked the way J.R. Bruno & Associates offered us the ability have their team train us and help set up our member business lending program, and then to use their services as long as we need them.” So far, the credit union has several SBA and member business loans in the works.
Great Basin Federal Credit Union, chartered in January 1951 as a 50-member credit union for Reno-Bell Phone Company employees, has grown to a community-chartered credit union serving more than 15,000 members. The credit union’s philosophy of building personal relationships with its members remains a core value to the board of directors and staff.
J.R. Bruno & Associates has served the business lending community since 1994 and is headquartered in San Francisco. With more than 200 years of combined commercial lending experience, the JRB Team of former financial institution executives and SBA experts has assisted credit unions across the country with a wide range of member business lending programs, is expert at SBA lending and is an approved SBA Lender Service Provider (LSP). J.R. Bruno provides hands-on day-to-day oversight focusing on clients’ individual needs. Services range from total outsourcing to portfolio management, to loan portfolio reviews, staff training, prescreening, loan structuring, underwriting, processing, packaging, documentation, servicing and liquidations. To sign up for J.R. Bruno’s eBulletin newsletters and learn more about the firm’s services, go to www.jrbrunoassoc.com