media.americascreditunions.org/articles/123524-watch-abound-was-there-from-the-beginning
Will Rivera

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

Watch: ‘Abound was there from the beginning’

Credit union provides a lifeline to small businesses.

May 28, 2024

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: