LAWRENCE, Mass.–Merrimack Valley Credit Union (MVCU) has been recently ranked in Banker & Tradesman’s Fast Fifty of 2024. MVCU ranked seventh for Growth in Commercial Loan Volume and 13th for Growth in Commercial Loan Units.
The list ranks the 50 fastest-growing loan providers in Massachusetts, including credit unions, banks, mortgage and financial companies, and other financial institutions. Compiled from data collected and analyzed by the Warren Group, the number and volume of loans from Jan. 1 through June 30, 2023 is compared against the number and volume of loans from the same time frame in 2024.
“We’re honored to be able to serve our members and their business needs,” Executive Vice President and Chief Lending Officer Brad Egan said in a statement. “Our talented commercial lending team is doing such a great job and is truly dedicated to supporting our members. We look forward to continuing to grow and elevate those around us.”