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Franklin Mint FCU CUBC PR FINAL

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Franklin Mint FCU CUBC PR FINAL Powered By Docstoc
					FOR IMMEDIATE RELEASE

Date: December 14, 2007

Credit Unions may contact:
Murray Halperin, CU Business Capital – 954.704.5411
Email: murray.halperin@Cubusinesscapital.com

Media may contact:
Gabi Villegas, CU Business Capital – 954.704.5436
Email; g.villegas@cubusinesscapital.com
Laurie Long, VP Marketing, FMFCU – 610.325.5053
Email: lauriel@fmfcu.org


          Franklin Mint Federal Credit Union Joins CUBC to Introduce
                              Business Services

(Broomall, PA and Miramar, FL) – Franklin Mint Federal Credit Union (FMFCU) has joined with
CU Business Capital (CUBC) in providing a full range of business services. With the
announcement, FMFCU becomes a board member and Tier I equity investor of CUBC, a
business services CUSO (Credit Union Service Organization).

CUBC’s equity partners represent more than $17 billion in assets in 13 states, providing CUBC
and its partners a significant market share nationwide and access to over 250 credit union
branches. Together, CUBC and FMFCU offer a competitive business service program that
includes:

Business Loans/Leases, Participations & SBA
Business Deposit Products
Business Checking
Business Certificate and Money Market Accounts
Business on-Line E-Banking
Business Credit and Debit Cards
Payment Solutions
Merchant Services
Consulting and on-going training

John D. Unangst, President/CEO of FMFCU said “Franklin Mint Federal Credit Union is excited
about the opportunity of extending business services to our many partner groups (small
businesses, hospitals, churches, non-profits and corporate partners) whose employees have
enjoyed the many benefits of membership since 1970. We can now provide the same level of
Speed, Service and Convenience to over 1,000 business partners for their corporate financial
needs"

“CUBC is very fortunate to have FMFCU as a partner. With their strong reputation in the industry
and their base of SEGS throughout the Delaware Valley, we believe that this partnership is a
perfect match to help FMFCU and CUBC grow.” said Bert Bryan, President of CU Business
Capital, LLC. “Including a complete suite of business services to their product line will place
FMFCU in a unique position to increase market share and membership.

This partnership represents another significant step for CUBC’s strategy of enabling credit unions
to focus not only on business lending, but also on business deposits and related services as core
products. Businesses, associations and other organizations in the area will benefit from this full-
service, credit union approach for business banking services.

About CU Business Capital, LLC
CUBC is a national CUSO focused on helping credit unions offer a full suite of business services,
business deposits, cash management, and business lending. These services are supported with
“best-in-class” technology, operational procedures, training, and policies. Its staff is comprised of
experienced business lending and cash management professionals, who work with leading
industry vendors as strategic partners. CUBC’s approach incorporates existing core systems in
making decisions to offer business services. See their web site at www.cubusinesscapital.com

About Franklin Mint Federal Credit Union
Franklin Mint Federal Credit Union has been providing economical, personal financial services to
residents and employee groups throughout the Delaware Valley since 1970. Since then, we have
grown to include more than 50,000 members, over 1,000 employee groups, 25 branch locations,
32 ATM locations, a full-service Call Center and e-branch. www.fmfcu.org

                          EVERY BUSINESS NEEDS A CREDIT UNION

				
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