Payments
Citadel Credit Union gains SBA lending certification
November 19, 2025
Citadel Credit Union, based in Philadelphia, has received the U.S. Small Business Administration lending certification. This is part of its effort to expand its presence in Greater Philadelphia, according to a press release.
"Credit unions are no longer the small players people once assumed," Tom Sebok, chief commercial banking officer, Citadel, said in the release. "We're demonstrating that a not-for-profit, member-owned credit union can deliver the same level of expertise, technology, and credit solutions as the largest banks — but with a community-focus that puts people and purpose first."
In addition, the credit union has almost doubled its Business Services team by adding relationship managers, lending specialists and directors in southeastern Pennsylvania and Philadelphia. The credit union is also investing in a variety of technologies such as cash management tools, fraud prevention solutions and a payments platform.
"For us, technology and people go hand in hand," Michael Desimone, chief lending officer at Citadel Credit Union, said in the release. "Business owners today expect intuitive digital tools, but what truly sets Citadel apart is the personal guidance and partnership we bring to every relationship. As a community-based credit union, we're here to help local businesses not only access capital but grow, hire, and strengthen the neighborhoods we all share."
