CHICAGO — MSU Federal Credit Union (MSUFCU) introduced Pillur Business Banking today, a new financial solution designed to support entrepreneurs, startups, and small business owners. To mark the launch, MSUFCU has committed $200 million in small business lending to help drive economic growth in the Chicagoland area.
The announcement was made during a grand opening networking event in Chicago, where local business leaders gathered to celebrate Pillur’s entry into the market.
“Small businesses are vital to a thriving community,” said April Clobes, MSUFCU President and CEO. ““By investing in local entrepreneurs and providing the financial resources they need to succeed, we’re helping build a stronger, more dynamic Chicago economy.”
Pillur Business Banking offers tailored financial solutions for business owners, including business checking and savings accounts, merchant processing, cash management services, loans, lines of credit, and digital banking tools designed for efficiency and growth.
“Managing business finances should be easy and stress-free,” Clobes said. “Pillur delivers smart, streamlined solutions so entrepreneurs can focus on what matters most — growing their business.”
“Pillur is an indispensable partner for any small business owner,” said Khalid Ibrahim, account holder and owner of Eat Pomegranate Photography. “I continually receive the financial tools and support I need for my business to thrive.”
To celebrate its grand opening, Pillur is offering exclusive, limited-time promotions. Business owners can visit Pillur and MSUFCU at 101 W. Division St. and 2234 W. North Ave. in Chicago or online at pillur.org.
Pillur accounts are held at Michigan State University Federal Credit Union, where savings are federally insured to at least $250,000 by the National Credit Union Administration and backed by the full faith and credit of the United States Government.
ABOUT MSUFCU
Founded in 1937, MSUFCU has a national reputation for excellence and has received several top industry and workplace awards, including being named a Best Credit Union to Work For® by American Banker for the sixth year, a Top Workplace by the Detroit Free Press for 15 consecutive years, and a National Best and Brightest Companies to Work For® winner for seven consecutive years. MSUFCU has also been certified as a Great Place to Work® for 11 consecutive years and has been recognized by the Credit Union National Association, earning first place for the people-helping-people philosophy Louise Herring Award. The Credit Union operates an award-winning, wholly owned credit union service organization, Reseda Group; along with digital financial platforms AlumniFi, Collegiate, and Pillur Business Banking; trade name Oakland University Credit Union; and its foundation, the MSUFCU Desk Drawer Foundation. MSUFCU is headquartered in East Lansing, Michigan; and has 36 branches; over 370,000 members; $8.26 billion in assets; and 1,200-plus employees. For more information, visit msufcu.org.
ABOUT PILLUR
Pillur Business Banking offers tailored financial solutions for business owners, including business checking and savings accounts, merchant processing, cash management services, loans, lines of credit, and digital banking tools designed for efficiency and growth. Pillur is a custom digital financial platform created by MSU Federal Credit Union (MSUFCU) and is federally insured by the National Credit Union Administration (NCUA). For more information, visit pillur.org.