The gap between politicians that support funding the U.S. Treasury's Community Development Financial Institutions Fund and those who don't may have become the widest ever last week
Even with a 45% cut in its 2012 fiscal year budget proposal, the SBA said it will still be able to support small businesses.
Fannie Mae and Freddie Mac should eventually be abolished and the government should cut back its role in the housing market while financial institutions should hold more capital.
In what has become a rare occurrence, a federal credit union in Maryland has taken the what many see as the first step in the process to change to a mutual bank charter.
The NCUA recently reiterated that guidance on best practices involving third-party brokerage arrangements is just that and does not carry the force of formal regulation.
Credit unions and other lenders looking to increase access to inventory financing for auto, boat, RV and other dealerships will be able to do so again through the relaunch of an SBA pilot loan program.
The Financial Industry Regulatory Authority may have a hard time deciding whether a defunct credit union-owned brokerage firm
Delta Community Credit Union wants members to know that their credit union is "Where Life Comes Together."
The $6 billion Security Service Federal Credit Union last week acquired a second, conserved CU, the $119 million Family First FCU of Orem.
Acting at the NCUA's behest, the $1.5 billion Western Federal Credit Union of Hawthorne, Calif. was the successful bidder last week to merge the failed $90 million Oakland Municipal Credit Union.
With a niche field of membership, Honda Federal Credit Union is always looking for ways to create and expand opportunities that will not only meet members' needs but bring in additional income.
As is the case in many other states, small businesses continue to feel the freeze in New Jersey as their lines of credit and credit card balances have been slashed despite their ability to meet their obligations.
The travail of the $6.7 million Mission SF FCU of San Francisco continued last week, with apparently desperate efforts under way to save the deeply ailing community development CU from being liquidated or merged by the NCUA.
A group of Maine credit unions led by the Maine Credit Union League has come to the aid of homeowners and businesses in three Mid-Coast counties by providing zero interest, no fee loans following the failure of a Brunswick energy firm.
The Filene Research Institute has reached across the border to partner with Credit Union Central of Canada.
It's that time of year again as Credit Unions for Kids unveils the "Change a Child's Life" campaign to benefit Children's Miracle Network Hospitals.
Prodded by both the bank and credit union lobbies, Oklahoma lawmakers may join their Michigan counterparts in urging a halt to implementation of the Federal Reserve's interchange fee rules.
After 40 years of service, Ticonderoga Federal Credit Union President/CEO Gregory D. Johnson has announced that he will retire effective April 5.
The $400 million Mazuma Credit Union recently approved its first SBA Patriot Express loan for one of its members to buy a Quizno's sandwich shop franchise in Kansas.
President of the St. James-based Montego Co-operative Credit Union and founder of the Good News Church of God, Bishop Herman Johnson has died at the age of 69.
Not all fraud perpetrators strike from afar. Some are employees looking to rip off their own employers and customers while on the clock.
In rugby, a scrum is where the two sides mash together with their heads down and try to secure possession of the prized ball as action resumes after a halt in play.
The Viewpointe exchange network has added Palmetto Cooperative Services LLC of Columbia, S.C., the company and CUSO said.
CO-OP Financial Services and the Texas Credit Union League are adding mobile banking, remote-deposit capture and call center services to the services the league offers credit unions in Texas and Arkansas.
CO-OP Member Center is now providing automated and live-person outbound calling to support marketing and member service for client credit unions, according to the subsidiary of CO-OP Financial Services.
Thirty credit unions signed up last year for lending and member contact center services from Lending Solutions Inc., the Elgin, Ill., company said.
Eighteenth century political theorist and philosopher Edmund Burke is credited with being the first to use the idea of "don't bite the hand that feeds you" in print.
Credit unions are playing catch-up to banks when it comes to business deposit products and services. Every national bank and most community banks offer remote-deposit capture services for businesses both large and small.
Enough already! Never have truer words been spoken in relation to regulatory compliance.