Credit union reports its cash mob program has exceeded expectations.
CUNA Mutual Trends Report shows strength despite hampering winter weather.
Virginia credit union buys SBA lender Park Place Equity LLC in Scottsdale, Ariz.
Maryland credit union CEO testifies on MBL bill to House panel on Thursday.
Regulatory updates, commercial lending, economic trends were on the agenda.
Now that the NCUA board has approved a proposal that would require all CUSOs to file financial reports directly with the regulator and the appropriate state supervisory authority, some CEOs of member business lending CUSOs have weighed on what the the changes may mean for their operations.
PCUA says member business lending up 24.4% over the past year.
Lenders need to be prepared for continual and often rapid shifts in the economy.
Participation loans also seen as way to boost business as member business lending cap hike reintroduced again in Congress.
Mergers, mortgages and more seen populating the legal docket for credit unions in the year ahead, according to a team of credit union attorneys.