Community 1st Credit Union Recognized as Top Lender with SBA

March 28, 2022

OTTUMWA, IA – C1st was recently recognized as a top 5 financial institution for the “SBA Top Lender – Rural Markets” category by the U.S. Small Business Administration, Iowa Division, for 504 and 7(a) loans produced through 2021 (not including PPP lending). Among the list of recognized financial institutions in various categories, C1st was the only Credit Union recognized as a top 5 lender in the state of Iowa.

“This recognition with the SBA further validates our lender’s commitment to helping our members obtain the support they need for their businesses,” said VP of Commercial and Agriculture lending, Brian Dostal.  “We are grateful for our relationships and partnerships with our local businesses.”

The U.S. Small Business Administration (SBA) makes owning a business a reality for many community members. The SBA is the only go-to resource for small businesses and small business owners to seek support they need to start, grow, or expand their businesses. Each year the Iowa District of the SBA awards the top five lenders in nine different categories for total loan production.