That’s where The Business Power Hour® on C-Suite Network comes in. Twice a week, host Deb Krier talks with experts in a variety of business fields, as they share the latest trends, up and coming changes as well as best practices. Her guests – and listeners – are from around the world. Listeners get tactical and strategic action items that they can immediately implement in their own businesses.
Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. In 2002, Mark started Members 1st Federal Credit Union’s business lending program as “one person and a desk” with no policies. products, staff, systems, or business members. That program grew to be one of the top ten in the nation in the number of loans and balances outstanding for federal credit unions. After ten years at Members 1st, he took on the challenge of being the CEO of a business lending cuso. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. In the past six years at MBFS, Mark increased the number of credit unions the CUSO services by over 500%, grew the revenue by 800%, and ensured positive cash flow every full year he’s been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs. Mark is a native of Berwick, PA in northeast Pennsylvania and a graduate of Penn State. Today Mark lives in Bucks County, PA with his wife and two teenagers.
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