Managed services help smaller credit unions outsource security, uptime concerns.
A credit union helped a small-time baker grow from delivering home-baked goods to parties and weddings to placing Bundt cakes on regional grocery store chain shelves with a microloan of less than $50,000.
Despite receiving a Herb Wegner Lifetime Achievement Award for a career at one of the country’s largest credit unions, Gary Oakland said he most vividly remembers working with small credit unions and supporting the financial education program BizKid$.
Filene Report examines benefits and risks of microloans and says they might be well-suited to credit unions.
Personal loans still offer niche, participants say, and a way to serve members while competing with payday lenders.
Report examines three credit unions' efforts.
EVP/COO Robert Chavez to take reins of $2 billion New Mexico credit union next March.
Retired BECU president/CEO joins three others to be feted at NCUF dinner at GAC in February.
Ford Foundation pledge of $700,000 to fund launch of financial services incubator.
This preview from our Aug. 28 print edition looks at what may be a shrinking credit union market for $600 and under loans.