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Commercial Alliance passes $1B in commercial loans

December 5, 2022 – On the strength of generating over $270 million in new commercial loans so far in 2022, Commercial Alliance’s commercial loan portfolio has passed the $1 billion mark. Commercial Alliance CEO, Scott Wolffis stated, “We have had a strong production year, and we will approach closing over $300 million in originations by year end. Our Loan Participation network of Credit Unions is as strong as ever, and we continue to support them in their pursuit of having an impact on the communities they serve.” Wolffis continued, “Without the hard work and dedication of our 60+ employees, the support of our Leadership Team, the wonderful credit unions we work with, and the guidance from the Board of Directors we wouldn’t be where we are today. As we expand into other markets, we are
excited at the prospects of helping our credit union partners meet the ever-expanding business services needs of their members.” Commercial Alliance ranks among the top commercial lending CUSO’s in the nation thanks to its strong commercial loan underwriting, documentation, servicing, and loan administration services. Wolffis also noted the strength of their expanded loan participation network, credit union training program and Special Assets Management team as drivers of their success.

About Commercial Alliance, LLC.

Commercial Alliance, based in Troy, Michigan, is a limited liability company founded in 2004 to
provide the underwriting and servicing of commercial loans for credit unions across the country.
Commercial Alliance is a Credit Union Service Organization (CUSO) serving the needs of its 100+
Member Credit Unions and their members. Currently, Commercial Alliance manages a servicing
portfolio of over $1 billion.


Contact:
Russ Kotila, Vice President of Marketing
Phone: + (1) 248.724.5308
Email: rkotila@commercialalliance.com