Over the past few years, credit unions and finance companies have become increasingly important as suppliers of credit to small businesses.
This preview from our July 17 print edition takes a look at the NCUA's new loan participation rule.
Rule finalized in June now to kick in on Sept. 23 instead of July 25, with guidance promised by then.
During his June 27 confirmation hearing, NCUA Board nominee Richard Metsger dodged what might have been his most controversial question. Is raising the member business lending cap a good idea?
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.