Photo of Carrie Borgstrom

Carrie has worked in the financial industry for over 20 years, and she strives to make things easy for Royal Credit Union Members. She enjoys working with small business owners in New Richmond and the surrounding areas. One of Carrie’s passions is helping small businesses find the right lending solution to take their business to the next level.

As an ambassador for the New Richmond, River Falls, and Somerset Chambers of Commerce, Carrie is very active in the communities she serves. Carrie dedicates time to both St. Croix County’s Economic Development Corporation and the City of New Richmond’s Forward New Richmond group as a board member. Carrie also serves on the board for the New Richmond Community Foundation and volunteers for many non-profit fundraising efforts including Habitat for Humanity.

Carrie is a New Richmond native who enjoys spending time with her friends and family. She enjoys being outdoors and is an avid sports fan.


  • Small business growth and development loans
  • Real estate investment loans
  • SBA and alternative lending programs for small businesses
  • Business start-up financing
  • Comprehensive business finance advice, including payment processing solutions, deposit accounts, merchant services, and more