A credit union helped a small-time baker grow from delivering home-baked goods to parties and weddings to placing Bundt cakes on regional grocery store chain shelves with a microloan of less than $50,000.
Omaha, Seattle, Milwaukee also among national leaders in businesses paying bills on time.
Return to pre-recession payment pattern noted by credit bureau.
With the effective date of the revised loan participation rule less than one week away, credit unions and CUSOs have taken another look at their lending programs to see if any adjustments need to be made.
Personal loans still offer niche, participants say, and a way to serve members while competing with payday lenders.
CUs and CUSOs look at lending programs to see if any adjustments needed before Sept. 23 effective date of new NCUA rule.
South Carolina credit union says it's first in state to offer Shastic app.
When done well, loan participations spread income making opportunities to the buyers and provide funds for the sellers to serve more members.
Lots of companies talk about staff members as team players, but the $83 million South Bay Credit Union found an innovative way to rally its employees.
More loans. It’s the battle cry of almost every credit union in America, if not all of them.