Credit unions could make more loans if the Small Business Administration streamlines its loan approval and evaluation processes and Congress raises the cap on member business loans, Corning FCU President/CEO Gary Grinnell told a House panel.
Veteran credit union technologist and operations chief Rudy Pereira said he’s moving from one good place to another.
New members this week shared their reasons for switching to credit unions in a broadcast on PBS.
Senior vice president at Alliant CU in Chicago to succeed retiring Charlie Grossklaus at Eau Claire, Wis., credit union.
Some Southern California credit unions are looking to benefit from the Occupy Wall Street and Bank Transfer Day movements.
House subcommittee hearing on proposed lifting of MBL cap set for Wednesday.
The board of directors of $1.5 billion Technology Credit Union has written the CU's 74,000 members that they may be better served by converting the credit union to a bank.
St. Anne CU looking to dig out of red ink.
San Jose CU says change would enable expansion of more profitable commercial lending business.
Now that the deadline for the Durbin amendment interchange cap to take effect has passed, financial institutions are continuing to develop ways to offset lost interchange revenue. One solution? Raise fee income by making debit and ATM transactions more expensive for consumers.