Michigan Business Connection Promotes Shannon Stchur As Senior Vice President of Credit Administration

Michigan Business Connection (MBC) based in Ann Arbor, MI is pleased to announce that Shannon Stchur has been promoted to the position of Senior Vice President of Credit Administration from her previous position of Vice President of Portfolio Management.  In this role, she will have leadership responsibility for the entire credit risk staff and documentation team. “Shannon has defined the “who and how” and will be directly accountable to “how well” MBC continues to provide outstanding credit services to credit unions in Michigan,” says Bill Beardsley, President.  Since 2010, Stchur has held primary responsibility for loan portfolio monitoring and management, distinguishing herself as a key participant on many company growth initiatives. She received her Bachelor’s in Finance from Western Michigan University, and came to MBC with ten years of experience in Commercial Portfolio and Credit Risk Management. Stchur resides in Pinckney, MI with her husband and two children.

About Michigan Business Connection, LLC

Since 2004, Michigan Business Connection (MBC) has supported the State of Michigan’s small and medium-sized businesses and real estate investors by underwriting and servicing commercial loans for financial institutions statewide. They primarily serve Michigan credit unions and their members. MBC is a credit union service organization (CUSO) leveraging a collaborative effort of more than two dozen affiliated credit unions. They now help manage a portfolio of over $350 million in business loans for these financial institutions. Partnering with MBC enables Michigan credit unions to share the costs and spread the risks of commercial lending while providing critically needed capital for small business reinvestment throughout our state. To learn more please visit their website at www.mbcloans.biz.