Americu CU
Americu CU is an active SBA lender in New York, a credit union offering SBA-guaranteed small-business loans. Currently rated 3.7 stars across 71 Google reviews.
$11M
in SBA approvals since 2011
9
SBA loans funded
Hotels & Lodging · General Retail · Fitness & Recreation
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Americu CU
Americu CU offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and expansion. With a focus on personalized service, they provide SBA 7(a) loans to help fund various business needs, including working capital, equipment purchases, and real estate acquisitions. Their experienced team guides clients through the application process, ensuring clarity and efficiency from start to finish. Located in Rome, NY, they serve local entrepreneurs and small business owners, fostering economic development within the community. The bank specializes in serving industries aligned with their NAICS code 713940, which includes recreational and amusement services. Whether you're a startup or an established business, Americu CU aims to facilitate access to capital with flexible terms and competitive rates. Their commitment to supporting small businesses is reflected in their tailored lending solutions and dedicated customer support.
Common questions about Americu CU
What is this place and what can I find here?
This is a financial institution offering SBA loan programs and small business financing solutions. You can find assistance with loan applications, personalized financial advice, and support for business growth initiatives.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated service, but walk-in consultations may also be available during business hours.
What are the hours of operation?
AmeriCU's Rome Financial Center is open Monday through Thursday 9:00 AM to 4:00 PM, Friday 9:00 AM to 5:00 PM, and Saturday 9:00 AM to 12:00 PM; closed Sundays. Please confirm current hours with the branch.
Is there a fee to use this?
There may be application and processing fees associated with loan services, which will be disclosed during the application process.
Who is this open to — anyone, or only residents/members?
This service is primarily available to small business owners and entrepreneurs within the local community and region.
What minimum personal credit score does this lender look for in a guarantor?
A minimum personal credit score of 620 is generally required for loan consideration.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.
Is this open on weekends?
AmeriCU's Rome Financial Center is open Saturdays 9:00 AM to 12:00 PM and closed Sundays. Please confirm weekend availability when you contact them.
How do I get there and where do I park?
Americu CU is located in New York — see the contact card for the full address. Most credit union locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.
Who owns or operates this listing?
This page is an independent directory listing for Americu CU, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Americu CU itself, which runs its own lending under its own ownership. If you work at Americu CU, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Americu CU — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Americu CU before applying. If you represent Americu CU, claim this listing to keep its information up to date.
How do I contact this listing directly?
Contact AmeriCU's Rome Financial Center manager Kristie Cieslak directly at kristiec@AmeriCU.org, or reach the main line at (800) 388-2000. Please confirm SBA lending services when you reach out.
What core industries does this lender traditionally choose to finance?
Like most SBA lenders, Americu CU can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each credit union sets its own industry preferences and may avoid sectors it considers higher risk. Ask Americu CU directly which industries it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this lender?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Americu CU participates in SBA Express depends on its specific SBA lending authority. Contact Americu CU and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this lender have Preferred Lender Provider status with the government?
SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established credit unions hold PLP status, but it varies by institution. Americu CU can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this lender?
The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Americu CU's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Americu CU directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Americu CU what down payment it expects for your specific commercial real estate purchase.
Does this lender impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Americu CU to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this lender to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Americu CU to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Americu CU weighs this case by case under its own policy, so be upfront about your history and ask Americu CU how it evaluates prior bankruptcies.
