News

NEEDHAM, Mass. -- Commercial and small business lending balances increased in 2007 despite the subprime mortgage collapse and a spiral down of consumer lending, according to new data from TowerGroup.

HAMILTON, Ontario -- Prime Financial Savings and Credit Union has converted from its DOS-based legacy system dating to the 1980s to an Internet-based iSpectrum platform from Summit Financial Technologies Canada.

WASHINGTON -- Despite continued doom and gloom from economic forecasters, CUNA's Governmental Affairs Conference is on pace to break attendance records, said Pat Keefe, vice president, communications and media outreach.

WASHINGTON -- Despite continued doom and gloom from economic forecasters, CUNA's Governmental Affairs Conference is on pace to break attendance records, said Pat Keefe, vice president, communications and media outreach.

LANSING, Mich. -- Ken Ross, who has been serving since last October as the acting Michigan regulator of credit unions and is a former vice president of the Michigan Credit Union League, was named last week to the permanent job by Gov. Jennifer Granholm.

LANSING, Mich. -- Ken Ross, who has been serving since last October as the acting Michigan regulator of credit unions and is a former vice president of the Michigan Credit Union League, was named last week to the permanent job by Gov. Jennifer Granholm.

AUSTIN, Texas -- Teres Solutions has hired a longtime customer from a local credit union to be the lending software company's new vice president of product management.

WASHINGTON--Senator Richard Durbin (D-Ill.) is seeking to have his bill on the treatment of mortgages in bankruptcy added to a bill expected to move as early as Tuesday.