Logo
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • Topics
    • Compliance
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Technology
  • Podcasts
  • Videos
  • Contact

Media

Home » Watch: ‘Abound was there from the beginning’
Lending Community Service

Watch: ‘Abound was there from the beginning’

Credit union provides a lifeline to small businesses.

May 28, 2024
No Comments
Will Rivera

Will Rivera, owner of Running Soles and Abound Credit Union member.

Will Rivera spent 25 years in the military, retiring as a first sergeant in the U.S. Army.

Upon leaving the service, he decided to open a small business, a shoe store named Running Soles.

His financing partner: Abound Credit Union in Radcliff, Ky.

This is a common scenario for Abound, which provides a financial lifeline for many small businesses. Business lending is the fastest-growing segment of Abound’s loan portfolio, says Ray Springsteen, CEO at the $2.3 billion asset credit union. 

“That’s not because we’re doing $50 million loans,” he says. “It’s because we’re doing lots of $100,000 commercial loans to help people like Will revitalize communities.”

Watch now:

KEYWORDS Advancing Communities business lending financial well-being

Post a comment to this article

Report Abusive Comment

Polls

Have you eliminated or reduced overdraft/NSF fees?

View Results
More

CUNA is now America’s Credit Unions

The new association will offer exceptional services to credit unions so they can help Americans achieve and afford their best financial lives.

More CUNA

  • CUNA and NAFCU Merger
  • Contact Us
  • Membership
  • Careers

Resources for

  • Credit Union Advocates
  • Leagues
  • Press
  • Providers

Our Affiliates

  • American Association of Credit Union Leagues (AACUL)
  • Credit Union Awareness
  • Credit Union House
  • CUNA Strategic Services
  • National Credit Union Foundation
© 2025 America’s Credit Unions | ADA Compliance Notice & Legal
Email Us