MEET COMMERCIAL Eric Anderson, Commerical Loan Officer, gives us the inside scoop on the business side of SCCU. How long have you been with SCCU? Since April 1st. I worked here Dec. 2018 to Dec. 2019 as well. Do you have any recent accomplishments? Completed CUNA Mutual Commercial Lending School Level 2 – Credit Administration this summer Who’s on your team? Scott Fredrickson, Melissa Thome, Alyssa Stone, Keith Thorson Give us a broad overview of your job. As a Commercial Loan Officer, I am responsible for managing and growing a portfolio of business loan relationships. My primary duties involve originating and closing new loans and serving as the member’s primary contact with SCCU.
Table of Contents
How would you describe your job to a 5 year old? I borrow money to members to help them run their business and make more money! What does a typical work day look like for you? Every day is a little different which is why I love it! I spend quite a bit of the time in the office and I also get to spend time out and about visiting members in the community.
14
What’s something people don’t know about your department/job? A big piece of our business is investment real estate, people who own rental properties. How does the position benefit members? Employees? What’s its purpose? We benefit our members by giving them an alternative to large banks for their business lending needs. Offering Commercial Lending benefits everyone at SCCU because it greatly enhances our opportunities for loan and deposit growth compared to a credit union or bank that does not offer commercial lending. Our business members also use our consumer products as well ultimately leading to more jobs and opportunities throughout the Credit Union for the employees. The purpose of commercial lending is to help our members grow their business. We only borrow them money if the loan should help them make more money and that is a good thing! What is your favorite aspect of your job? I like working with business owners, they have a different type of energy and it is fun to be a part of; they tend to be very passionate about their work which makes it enjoyable to work with them.
Eric An
Comme
