The credit union industry is in full-court press over a possible vote in the Senate to expand member business lending. Congress’ spring break could have allowed credit unions a lobbying breather had it not been for Senate Majority Leader Harry Reid’s promise for a vote on the member business lending...
The timing of criticism toward a regulatory proposal to limit loan participations to a certain percentage of a credit union’s net worth with the takeover of a California cooperative heavily steeped in the transactions may have created an ironic overlap.
California credit union placed into conservatorship on Friday; questions remain whether overreach contributed.
A veteran lending manager says there are three ways to grow a profitable loan portfolio and he describes in brief how it's done.