Midwest Business Solutions, LLC, d/b/a Pactola was formed in 2009 by seven credit unions in North and South Dakota and Nebraska and also one league of credit unions. Since the beginning, we have had several other credit unions that have joined us as junior equity partners. Our senior and junior equity partners receive discounts on our services and also advance notice of new projects requiring funding.
Subscriber Program Benefits
Credit Unions will find benefits in joining Pactola as a Subscriber compared to using our services as a non-subscriber. Our Subscriber Program offers:
Discounts on Pactola services
Opportunity for patronage dividends
Priority treatment for loan participation purchases and sales over non-subscribers
Set up on the Pactola Loan Documentation System, which can produce business and agriculture loan documents for any state
Assistance in strategy, loan policy development, file auditing and other services
Support for your loan growth efforts with our support services including credit reports, flood reports, UCC searches, environmental reports, and appraisal/environmental reviews
Subscribers make a one-time junior equity investment in Pactola. This is not an expense on your income statement. Contact us today to learn more!
Our Equity Partners
