KALAMAZOO, MI (April 3, 2025) |
Element 22 Commercial Group, a Credit Union Service Organization (CUSO) that oƯers a comprehensive realm of business lending services, is teaming up with Tru Treasury, a leading provider of treasury management solutions. This strategic alliance brings together two experts in their respective fields, creating a powerful opportunity for credit unions to deepen relationships with business members and compete more eƯectively in the commercial banking space. Together, Element 22 and Tru Treasury are delivering a solution that connects the dots between commercial lending and treasury management—giving financial institutions the tools they need to grow business relationships beyond the loan.
John Ballantyne, CEO of Tru Treasury, expressed his enthusiasm about the new partnership, stating, “Our partnership with Element 22 represents a thoughtful combination of strengths. Their expertise in commercial lending, paired with our treasury management solutions, creates a powerful toolkit for financial institutions. We're giving our clients the means to transform loan opportunities into meaningful operating relationships with the businesses in their communities.”
“Our partnership with Tru Treasury and their experienced treasury management team will help broaden the ability for our credit union clients to oƯer a fuller suite of commercial deposit services for their customers. Often the customer needs a full set of products for treasury management in order to move their loan relationship as well” adds Kenneth Leonard, CEO of Element 22 Commercial Group, “We are excited for the partnership and helping our credit union and bank clients gain more loan opportunities and deeper relationships with their customers.”
This collaboration brings Tru Treasury’s specialized knowledge in treasury services together with Element 22’s end-to-end business lending capabilities—including underwriting, servicing, loan participations, and more. Credit unions can now extend their support beyond the lending conversation and into the daily financial operations of their business members, driving long-term engagement and loyalty.