“We’ve seen significant small business account growth across our membership — and these members want to get up-and-running quickly,” said Karey Thomas SVP of branch delivery at America First Credit Union. “The partnership with Loquat will provide our business members a modern experience tailored to meet the demands of the commercial marketplace.”

In addition to new business account opening, Loquat provides virtual debit and credit cards and enables payment and lending products to be established within minutes using a proprietary process that reduces the time that is historically required to onboard new business members.

“We are looking forward to helping America First Credit Union enhance its commitment to small businesses,” said Zarina Tsomaeva, founder and CEO of Loquat. “More and more entrepreneurs are striking out on their own, and finding a financial institution that supports their business needs can be complex and time consuming. America First Credit Union will bridge that gap for them.”