For some credit unions and CUSOs, the newly approved changes to the loan participation rule are apt to leave a bittersweet residue within their business loan portfolios.
Randy Udall, brother of Colorado Sen. Mark Udall, did not return from Wyoming mountain backpacking trip.
Reno credit union recently became first new SBA lender in northern Nevada in nine years.
Personnel moves follow growth doubling in 2012 and continuing in 2013 for Michigan Business Connection LLC.
Trade lobbyist says member business lending cap would be too controversial to be in California congressman's bill expected to drop this week.
Measure similar to proposed legislation in House, would raise cap to 27.5% of assets.
Reduction in overhead costs cited as largest contributor to CUSO's recent performance post-Telesis.
LAS VEGAS — Some say credit unions, CUSOs get mixed messages about who's responsible for due diligence in business lending.
New York Democrat said the move would inject much-needed funds into local communities when they need it most.
The NCUA’s Inspector General blamed Telesis Community Credit Union’s former management and board as well the NCUA and California Department of Financial Institutions for the Chatsworth, Calif.-based institution’s failure in a material loss review released March 20.