Capital CU Recognized for Supporting Small Businesses

BISMARCK, ND – Capital Credit Union was recently honored with the U.S. Small Business Administration (SBA) Director’s Award, which recognizes top North Dakota lenders for their participation with SBA in providing financing for start-up and existing small businesses.

 The award was presented to Capital Credit Union’s business services team by SBA North Dakota District Director Alan Haut. It is the 9th time in the past 10 years the credit union has earned this recognition.

 “We are proud of our commitment to helping small businesses grow,” says Capital Credit Union Vice President of Business Development Stephanie Honeyman. 

 The SBA was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.

Capital Credit Union, originally chartered in North Dakota in 1936, is a not-for-profit financial cooperative owned by each of its more than 30,000 members and overseen by a member-elected  board of directors. Capital Credit Union returns profits to each member through fewer and lower fees, lower loan interest rates and higher savings interest rates. Savings, checking, loan, credit/debit card,  and many other financial services and education are offered by Capital Credit Union to member individuals, businesses and other organizations  located within a 75-mile radius of Bismarck, Hazen  or Fargo, or a 50-mile radius of Beulah or New Salem.