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By Michelle A. Samaad |
July 5, 2012
Banks still lead list of small business funding sources.
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By Michelle A. Samaad |
June 1, 2012
Roughly one out of 10 immigrant workers are business owners with most turning to personal or family savings for startup capital.
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By Michelle A. Samaad |
May 21, 2012
Even in the middle of recessions and the unemployment and foreclosures that come with them, credit unions have proven that they can weather downturns.
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By Natasha Chilingerian |
January 9, 2012
In late December and early January, three more credit unions announced their end of 2011 member rewards. Two CUs thanked their members with a bonus dividend payout and loan rebate, and one said it awarded members by saving them $10 million in loan payments throughout its history.
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By Michelle A. Samaad |
September 25, 2011
Over the past 24 years, when banks were pulling back on lending to businesses, it appears credit unions were quietly and consistently stepping in to fill the void.
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By Chuck Cockburn |
August 31, 2011
The pace of small business growth has been unprecedented over the past few years. Small businesses employ nearly half of the U.S. private payroll, accounting for nearly two-thirds of job growth since 1993.
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By Michelle A. Samaad |
July 31, 2011
The Federal Reserve Bank of New York is not convinced that a lack of credit access primarily contributed to the woes of small businesses since the 2007-2009 recession.
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By David Morrison |
April 6, 2011
The $353 million First Financial Credit Union, headquartered in Albuquerque, N.M., hopes to find a buyer that can take a multimillion dollar mistake off its balance sheet.
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By Michelle A. Samaad |
February 16, 2011
Working through the large volume of troubled commercial real estate loans will take time as banks go through the difficult process of loan workouts and loan restructurings.
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By Michelle A. Samaad |
August 25, 2010
Government policy makers in El Salvador have taken steps to develop economic policy and payments system support for credit unions and financial cooperatives prompted by the shrinkage of commercial bank loans here.
