Small businesses turn to credit unions

The economy had yet to hit bottom when Tom and Jan Peters began planning the expansion of their Fort Collins Brewery three years ago. Still, a bank loan for the $3.9 million project was hard to come by. At first, they didn’t think of turning to their credit union because they thought of credit unions as providing loans to private individuals, not commercial enterprises.

Then they met Herb White, vice president of Business Services & PR at Public Service Credit Union. He came to their place of business – just like a small-town banker in an old…