Wisconsin credit union one of eight to receive national award.
The Governor’s Council on Financial Literacy has recently recognized the efforts of the Wisconsin Credit Union League and UW Credit Union.
Programs recognized by Governor's Council on Financial Literacy.
Credit unions worked hard in 2011 to continue to build their housing finance programs even as the overall housing industry continued to struggle with low home prices, high foreclosure rates and significantly tighter mortgage underwriting rules.
Greater financial education, a greater variety of loan products and different lending strategies have all been techniques credit unions have begun to use to help borrowers meet more stringent housing finance requirements, according to executives from credit unions and mortgage CUSOs.
More home buyers in Madison, Wis., area chose the credit union to finance home loans than any other lender in 2010.