Purdue Federal Credit Union named Bank of the Year by Regional Development Company

Purdue Federal Credit Union was recently named “Bank of the Year” by the Regional Development Company (RDC) in recognition of its leadership in supporting small business growth and its outstanding participation in the SBA 504 Loan Program.​

Award Details

• The RDC is a Certified Development Company administering the U.S. SBA 504 Loan Program, which supports small businesses by facilitating long-term, fixed-rate financing for major assets such as real estate or equipment.​

• Purdue Federal Credit Union earned this recognition for its significant contributions, commitment to local economic development, and partnership in helping small business owners access critical financial resources.​

Context and Community Impact

• The designation reflects Purdue Federal Credit Union’s continued efforts to foster growth in the Indiana business community, supporting entrepreneurs through dedicated lending, access to capital, and financial expertise.​

• Being named “Bank of the Year” by the RDC highlights the credit union’s role as a leader in the region’s economic development ecosystem and a trusted financial partner for local businesses.​