Zing’s Newest Business Partner: Centennial Lending

At Zing, we partner with a variety of businesses to ensure we provide you with the best opportunities to succeed financially. Recently, we partnered with Centennial Lending, to provide entrepreneurs and business owners with flexible and competitive commercial real estate loans. Not only are commercial real estate loans for traditional businesses and properties but also for mixed-used spaces, refinancing businesses, or those seeking an extra line of credit for unseen expenses.

“Centennial Lending is a credit union service organization. Established more than 20 years ago to meet the residential mortgage and commercial lending needs of our partner credit unions’ members, we now provide service to more than 100 credit unions as well as the general public; doing business in nine states.” With over 100 years of combined commercial lending experience, Centennial Lending is eager to help members create a successful business by providing commercial real estate loans.

Here are the benefits:

Solutions Oriented
Timely Process
No Nonsense
Flexible Terms
In-house underwriting, processing, closing, and servicing
No early payoff fees

Watch this video to learn about Centennial Lending.

Frequently asked questions

How do you get started with applying for a commercial real estate loan?

You can start reach out to our Business Service Program Director Maria Rathbun or can contact Julia Bridewater with Centennial Lending.

Do I contact Zing or Centennial Lending to get started?

You can apply directly through Centennial Lending at or contact Maria Rathbun for a consultative conversation.

How do I know I need a real estate loan? Or How do I qualify?

Our team of experts provide financial consultation on the options available to each member they work with. Using your real estate to meet business needs is determined on a case by cases basis. For qualification, Centennial Lending looks at 3 years of tax returns and a current year profit and loss. Additionally, we look at credit history the members ability to repay.

What are the current rates?

Rates change regularly but can be found here.

Find out more about the business resources Zing has to offer.

“I have worked with Centennial for my past handful of commercial real estate loans. Every step has been extremely easy and has closed on time. By far easier than any residential loan I have ever gotten and a better rate. I found Centennial shopping for the best rate around, and the service far exceeded my expectations. Centennial has become my go-to lender now.”

Google Reviews March 2023

“My dealings with Centennial Lending have all been favorable. Everyone I have come in contact with at the org over this first 3 years has been professional and courteous. I highly recommend them for any financial or lending needs you may have. Go local!”

Better Business Bureau April 2023

Truth In Savings Disclosure

TRUTH IN SAVINGS DISCLOSURE

Except as specifically described, the following disclosures apply to all the accounts.

Rate Information. The dividend rate, or interest rate, and annual percentage yield on your accounts are set forth on the reverse side. The annual percentage yield is a percentage rate that reflects the total amount of dividends/interest to be paid on an account based on the dividend/interest rate and frequency of compounding for an annual period. For Certificates of Deposit and IRA Certificates of Deposit, the interest rate and annual percentage yield are fixed and will be in effect for the term of the account. The annual percentage yield is based on an assumption that interest will remain on deposit until maturity. A withdrawal will reduce earnings.
Nature of Dividends. Dividends are paid from current income and available earnings after providing for the required reserves. The dividend rates and annual percentage yields are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period.
Compounding and Crediting. Interest and dividends will be compounded and credited as set forth on the reverse side. The dividend/interest period for each account is also set forth on our Rate and Fee Schedule. The dividend/interest period begins on the first calendar day of the period and ends on the last calendar day of the period.
Balance Information. The minimum balance required to open each account is set forth. Interest is calculated by the daily balance method which applies a daily periodic rate to the principal in the account each day.
Accrual of Dividends. Dividends will begin to accrue on cash deposits on the business day you make the deposit to your account. Dividends will begin to accrue on noncash deposits (checks) on the business day you make the deposit to your account. If you close your account before accrued dividends are credited, accrued dividends will not be paid.
Account Limitations. The account limitations for each account are set forth in our Membership and Account Agreement
Your account will mature on the maturity date set forth on your account receipt or renewal notice.
Early Withdrawal Penalties. A penalty may be imposed if you withdraw any of the certificate funds before the maturity date or the renewal date, if this is a renewal account.
Amount of Penalty. For Certificates of Deposit and IRA Certificates of Deposit the amount of the early withdrawal penalty for your account is 90 days’ interest for a term of 12 months or less, and 180 days’ interest for a term over 12 months.
How the Penalty Works. The penalty is calculated as a forfeiture of part or all of the interest that have been earned on the account. This penalty applies to earned interest and principal.
Renewal Policy. Certificate of Deposit accounts will automatically renew for another term upon maturity. You have a grace period of seven days in which to change or withdraw the funds without being charged an early withdrawal penalty.
Exception to Early Withdrawal Penalties. At our option, we may redeem the account before maturity without imposing an early withdrawal penalty under the following circumstances:
- When an account owner dies
- or is determined legally incompetent by a court
- or other body of competent jurisdiction.
Nontransferable / Nonnegotiable. Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligation of an owner except obligations with the Credit Union.
FEES FOR OVERDRAWN ACCOUNTS. Fees may be imposed on each check, draft item, ATM card withdrawal, debit card withdrawal, debit card point of purchase, preauthorized automatic debit, telephone initiated withdrawal or any other electronic withdrawal or transfer transaction that is drawn on an insufficient available account balance. The entire balance in your account may not be available for withdrawal, transfer or payment of a check, draft or item. You may consult the Funds Availability Policy for information regarding the availability of funds in your account. Fees for overdrawing your account may be imposed for each overdraft, item or transaction. If we have approved an overdraft protection limit for your account, such fees may reduce your approval limit. Please refer to the Rate and Fee Schedule for current fee information.

Checking Comparison Chart

Compare Checking Accounts

Preferred Checking

Clear Card

Second Chance Checking

Minimum Opening Balance

Suggested opening amount- $25

ID Safe Choice Charge Possible

Yes

Direct Deposit

Accepted and encouraged

Dividends Paid

Privilege Pay

Available after 90 days

Overdraft LOC

Available immediately, with approved credit

ATM/Debit Card

Instant Issue

Shared Branching

Available

Free Bill Payer

Available

Mile High APY

Yes

N/A

Yes

5 Buck Club

Yes