Caro Earns NCUA Grant to Extend Microbusiness Lending to Underserved
Caro knows small business, and the credit union also knows that many startups and those with independent side gigs use their personal finances and credit to fund their businesses. Often this is because the loans they need are of no interest to most business lenders, according to Caro CEO Anne Shivers.
$113M Caro Federal Credit Union Takes on Wells Fargo
Caro Federal Credit Union decided to help those borrowers recently cut off by Wells Fargo’s decision not to offer personal lines of credit. Caro FCU, in partnership with Your Marketing Co., is geofencing the megabank’s branches to ensure WF customers know Caro is there for them.