Even before arriving at Aspire Federal Credit Union, Paul Perez was very familiar with the taxicab medallion business.

Perez, a former banker at Banco Popular, which at one point had a $1 billion taxicab medallion portfolio, knew how the financing worked. With hands-on knowledge of the unique licenses, he was recently named president/CEO of Aspire Medallion Funding LLC, a newly launched subsidiary of $170 million Aspire FCU in Clark, N.J. Prior to his new post, Perez was vice president of lending and financial recovery at the credit union.

Go to http://www.cutimes.com/Issues/2009/April%208%202009/Pages/Aspire-FCU-Builds-on-Taxicab-Medallion-Success-With-Niche-CUSO.aspx?k=Aspire+FCU+Builds+on+Taxicab+Medallion+Success+with+Niche+CUSO.%22 to read the entire article.