PALO ALTO, Calif.-Stanford Federal Credit Union has partnered with New York-based Newtek Business Services to offer an expanded line-up to small business.

"What Newtek helps us do is provide services we don't have in house, such as merchant services, website design and hosting, and payroll," said Celeste Auger-Munshi, director of member business services. "For our credit union to give the small business member a value-add beyond a checking account, a debit card, online banking and business bill-payer, is a big deal. Even if the company does not need everything-say it already has a website-there are other needs and Newtek helps us deliver e-commerce solutions."

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