RFCU earns state award

The U.S. Small Business Administration has named Redstone Federal Credit Union as the “Alabama Lender of the Year.”
Redstone received the first place award for “Loan Dollar Volume” and the first place award for “Loan Volume” at the recent Alabama SBA Lenders Conference in Prattville.
Jack Wright, Vice President Business Retail at Redstone, said the strong economy throughout the Tennessee Valley has afforded the opportunity of small businesses to thrive and more small business owners are coming to Redstone for their loans.
“Redstone Federal Credit Union is uniquely positioned to assist small businesses because it is the most active SBA lender in Alabama and participates in all of the SBA loan programs, including SBA Express, Community Express, Patriot Express, Gulf Opportunity, SBA 7(a) and SBA 504 loans,” Wright said. “Redstone can make these loans to businesses located in any Alabama city and within 25 miles of our branch in Fayetteville, TN.”
Wright said Redstone is happy to provide loans to business owners, but that building relationships with those business owners is much more important. As the top lender of SBA loans in Alabama, Wright said Redstone is poised to set new records in 2010 as members continue to take advantage of the revised SBA lending guidelines set forth in the American Recovery Reinvestment Act of 2009. According to Wright, the important changes that have been implemented as part of the Recovery Act has eliminated some of the barriers small businesses have faced in acquiring capital.
“Small businesses are very important to the economy here in Huntsville and the Tennessee Valley, as well as the State of Alabama,” Wright said. “With more people taking a new and exciting step toward small business ownership, there are a number of organizations in North Alabama that have positioned themselves to help develop small businesses and get them started, including Redstone Federal Credit Union. While we are very appreciative of these awards, I am even happier that we are a part of the exciting adventure of owning a small business.”

Madison

Heritage honors Katie Scruggs as ‘Teacher of the Year’

Bob Jones High School

Bob Jones, Mill Creek Greenpower race teams take national titles at Talladega

Harvest

UAH workshop: Turn fear into business savvy

Bob Jones High School

Notable number of MCS students place at state in Reflections

James Clemens High School

James Clemens collects honors at tech students’ conference

Madison

Schools select Super Citizens in Liberty Legacy study

James Clemens High School

Ellenburg named ‘Staff Member of the Year’ at Columbia

Bob Jones High School

Digital version of The Madison Record – May 22, 2024

Bob Jones High School

Samantha Chan Selected Presidential Scholar- Uses Swimming And Academics To Perfection

FRONT PAGE FEATURED

Cotton Row Run 2024 Set For Memorial Day Morning

FRONT PAGE FEATURED

Disc Golf Alive And Well In Madison

Madison

Third infant surrendered at Madison Safe Haven Baby Box

Bob Jones High School

“Where It Belongs”- The Bob Jones Patriots Earn Baseball State Championship

James Clemens High School

Liberty’s Shravan Balaji wins ‘Best of Fair Award’ in regional science fair

Events

Trash Pandas hosting Elvis tribute night contest on May 21

James Clemens High School

French, Latin students at James Clemens excel in testing

Harvest

Enable Madison County announces needed asset at event

James Clemens High School

Koswoski awarded Department of Alabama’s ‘VFW Scout of the Year’

James Clemens High School

Lilliann Markowitz achieves top rank in Girl Scouts, Boy Scouts and Sea Cadets

Bob Jones High School

Madison’s JROTC cadets challenged in Rocket City Rivalry Day

James Clemens High School

McDaniel, Stundtner, Vaughn and Woodard earn national grants

Digital Version

Digital version of The Madison Record – May 15, 2024

Madison

Bob Jones bests Central-Phenix City in opening game of State Championship

Harvest

TARCOG’s Senior Fun Fest moves to Agribition Center at Alabama A&M University

x