CHICAGO — MSU Federal Credit Union (MSUFCU) will launch Pillur Business Banking at an event in Chicago today.

The East Lansing, Mich.-based credit union has been expanding its presence in Chicago and said it has earmarked $200-million for small business lending.

Attending the event, which will run from 4-6 p.m. CDT, will be Board Chair Greg Deppong, President and CEO April Clobes, and Khalid Ibrahim, owner of Eat Pomegranate Photography.

The $8-billion MSUFCU said Pillur Business Banking supports business owners, entrepreneurs, and startups with tailored solutions, including business checking and savings accounts, merchant processing, cash management services, loans, lines and more.