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CHICAGO—Increasing pressures on credit union management for their time, much of that resulting from growing regulation, is prompting CUs to change how they invest in building and renovating facilities, one company asserts.

SANTA ROSA, Calif.–Redwood Credit Union said it has entered into a unique partnership with seven local lending institutions that have pledged to invest $250,000 to create the Sonoma County Loan Fund: a micro lending pool for startup and expanding entrepreneurs who typically do not qualify for traditional financing.