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Impel Consulting helps Louviers FCU offer business services
NEWARK, Del. (10/19/09)--Louviers FCU recently began offering a suite of business financial services to its members and local businesses after contracting with Impel Consulting Group, a credit union service organization of Mid-Atlantic Corporate FCU to investigate members’ small business needs. Impel’s analysis indicated that an increasing number of Louviers members were running small businesses through their regular consumer accounts. The analysis also showed that small and micro-businesses with assets up to $10 million were not be served by other financial intermediaries, said the Delaware Credit Union League (Together Oct. 15). After receiving the analysis results, Louviers developed interest-bearing deposit accounts including savings, checking, money market and certificates for small businesses. It also partnered with Newtek Business Services for financial services and loan products. The credit union also is developing new relationships with businesses in New Castle County, Del., and Cecil County, Md. Louviers FCU, Newark, Del., has $181 million in assets.
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