Innovative Business Solutions' Michael Gudely says CUSOs "must find common ground" with NCUA for industry's sake.
Signs that AEA Federal Credit Union was in trouble started well before its former executive was recently indicted for an alleged kickback ring with ties to a portfolio now crumbling under the weight of defaulted loans.
For some credit unions, it's really all about location, location, location when it comes to which partnerships will win out for their business loan program development.
The Editor's Column in the April 28 issue was excellent. The comments were on target.
Credit Union Times asked leaders of some of the industry's business lending CUSOs, "What will be the greatest challenge and opportunity for credit unions and their business lending programs in 2010?"