LOS ANGELES (3/4/10)--USC CU and its vice president of commercial services, David Mellman, have been named the 2010 Financial Services Champion of the Year by the Los Angeles District Office of the U.S. Small Business Administration (SBA). Champion awards will be presented by SBA as part of National Small Business Week Awards Ceremony this summer. "Through the work of lenders and advocates like yourself, jobs are created, families live fuller lives and whole communities are transformed," said Albert Alvarado, district direction of the L.A. office. Since launching its SBA program in 2007, USCCU has funded numerous SBA loans for members of the USC and Los Angeles communities. "We don't close loans; we establish relationships with our borrowers because of our shared connection with the Los Angeles community," Mellman said. "Our goal is to provide each and every one of our clients with opportunities to access the necessary capital that will insure their success." Nominations are evaluated on these criteria:
* Outside of regular business duties, the amount and quality of assistance given small businesses to obtain financing; * Advocacy for changes in the financial services industry to assist small companies; * Encouragement of the flow of investment capital to small ventures; * Active support for legislative or regulatory action designed to help small firms; and * Other significant contributions through the advocacy efforts of the financial services or accounting industries to advance small business interests.