Birmingham credit union adds more than $9.9 million in deposits and $9.6 million in business loans since March 2012.
The cooperative in Birmingham, Ala., said it closed last year with $527 million in deposits, $341 million in loan volume and assets in excess of $591 million.
Trucker Glenn Sasser’s routines have become more of a barometer of what takes priority over time wasters. Adhering to a tight schedule can mean the difference between getting paid for making a haul on time versus filling an order to remesh 100 old frames so that a wholesaler can have...
Last week, credit unions’ federal tax exemption appeared to be in jeopardy. H.R. 6474 would have gradually repealed credit unions’ tax-exempt status over five years. Fortunately for credit unions, a spokesman for Rep. Dennis Ross, the bill’s sponsor, explained that the inclusion of this in the bill was accidental,...
ODENVILLE, Ala. — Two days before Christmas in 2007, Glenn and Sara Sasser’s plans were obliterated like an unsuspecting step on a hidden land mine.
After losing his wife, Glenn Sasser created a thriving new business with the help of his local credit union, and none from the banks.
While credit unions seem to have dodged this lob for now, it did draw attention to the credit union tax exemption, which the banking lobby is sure to relish.