There was a day and time when credit unions played little to no role in the business community when it came to financing construction, acquisition, expansion and other projects for businesses large or small. Thanks to advancements, that is no longer the case and yesterday’s mega deal that brought about the opportunity for Round Barn Winery to acquire Tabor Hill is a prime example of what’s possible in 21st century financing. The deal was accomplished through partnership with Honor Credit Union of Berrien Springs.
The management team and board of directors at Honor Credit Union recognize well that when you think about the benefits that local business brings to the community, there are plenty. They point out that local business success means jobs for your friends and neighbors, economic prosperity for the community you live in, and a stage set for future growth for generations to come. Supporting entrepreneurship to bring those very benefits to their membership’s backyards is the focus of Honor Credit Union’s business lending team and they say that yesterday’s culmination of the deal with locally owned Round Barn Winery, Distillery & Brewery exemplifies the power of credit union and small business collaboration.
A family business founded by the Moersch family and now operated by brothers Chris and Matt Moersch, Round Barn has evolved from a dream to operate a boutique winery on the Baroda based estate to a portfolio of complementary businesses including Round Barn Winery, Distillery and Brewery, Free Run Cellars and Round Barn Public House. Sharing a long-standing commitment to the greater Berrien County area, the partnership between Honor Credit Union and Round Barn is centered around two local businesses collaborating for the betterment of the community as a whole. Bringing their member promise to Provide Solutions for Financial Success to their business relationships, Honor Credit Union not only provides financial products and services to businesses like Round Barn, but guidance and support as well.
Chris Moersch says, “It’s possible for us to turn to a national conglomerate bank but we wouldn’t receive the personalized attention and support that we can always count on with Honor Credit Union. We are small business owners, therefore we prefer taking our banking to other small businesses such as Honor. We appreciate our strategic partnership with them and will continue to work together with future projects.”
Honor Credit Union CEO Scott McFarland responds in kind, saying, “Providing financial support to locally owned businesses like Round Barn is just one way Honor Credit Union continues to reinvest in our local economy.” He adds, “The reputation and long standing history the Moersch family has developed is something we are humbled and excited to contribute to.”
To learn more about Round Barn Winery, Distillery & Brewery, Round Barn Public House, and Free Run Cellars you can click this link: www.drinkmichigan.com.
Honor Credit Union, meanwhile, serves more than 60,000 members across the State of Michigan. For more information on Honor Credit Union and their business lending and support options call 800.442.2800, or visit www.honorcu.com.
