News

WASHINGTON --A fund to help victims of the subprime mortgage crisis and a reform of Fannie Mae and Freddie Mac are key components of a bill passed by the Senate Banking Committee last week.

WASHINGTON -- To make it accessible to even more credit unions and community banks, the Small Business Administration has extended its Small/Rural Lender Advantage program to Kansas, Iowa, Nebraska and Missouri.

SAN DIMAS, Calif. -- When new WesCorp Chief Financial Officer Jim Hayes was named Todd Lane's replacement after just five years of heading the corporate's marketing and business development department, those unfamiliar with Hayes and his background might have questioned the choice.

SAN ANTONIO -- San Antonio Federal Credit Union has signed a multiyear deal for online account opening services from Online Resources Corp.

WASHINGTON -- Now that the Securities and Exchange Commission has adopted an amendment to increase the availability of capital to certain smaller companies, credit unions and other lenders may be able to help more small businesses.

WALLINGFORD, Conn. -- With the cost of college tuition rising at a 7.5% clip annually, credit union member-parents with college bound kids are looking for some help and a bit of relief. A new program rolled out here by Constitution Corporate FCU and other corporates to their own CU members...

DEERFIELD, Ill. -- San Francisco-based Patelco Credit Union is writing the book this year on the nurturing of SEGs considering its stellar record for the giant Walgreens drug chain as measured in member growth and loan volume.

ATLANTA -- Forget about it being a fad, going green seems to be the future for financial institutions.