CU Times compiles our exclusive data sets in combination with information received from NCUA and other federal agencies to give a clear view of lending trends involving credit unions (i.e. mortgage, auto loans, HELOCs, student loans).
The Small Business Administration has launched a pilot program to provide financial assistance to small businesses in economically distressed urban and rural areas, or "New Markets," that need the economic attention to get communities back on their feet.
With more credit unions in the Mid-Atlantic region expressing a desire for business services, the Pennsylvania Credit Union Association is taking another stab at helping implement programs. Business Advisory Services consists of a suite of educational and consulting programs aimed at assisting credit unions that plan to serve small businesses....
Despite a continued legislative push to raise NCUA's member business lending cap to 20%, some credit unions are saying the current 12.25% asset cap has not been an impediment to their MBL efforts.
ANN ARBOR, Mich. - Cal Ripken, Jr., one of baseball's legendary players, was the keynote speaker at a recent luncheon sponsored by MidWest Financial Credit Union to kick off its business services program.
WASHINGTON - The Small Business Administration is calling on credit unions and other lenders for their feedback on a proposed lender risk rating system for its 7(a) loan program. The system would be an internal tool to assist the agency in assessing the risk of each active 7(a) lender and...