Business services specialist points at MBL exposure, loan loss allowances, dependence on CUSO revenue, high operating expenses.
If a credit union in the Pacific Northwest is hoping to compete with other financial institutions to woo a heavily sought-after executive for its business lending division, be prepared to make at least an $85,000 offer.
As banks ramp up recruiting, the impact may be seen at credit unions. Get the rundown in this preview from next week's print edition.
A much anticipated gift arrived during the holidays when third quarter data showed credit unions posted their strongest loan performance in history.
With 28 new credit unions that have signed on this year, CU Business Group said Wednesday that it now serves 405 credit unions in 44 states.
Jeff Marshall typically starts his days early at the Mystic Shipyard, a 169-year old marina with a history steeped in the construction of schooners and iron-clad ships to sail the waterways of New England.
A Connecticut credit union won the business of historic Mystic Shipyard. Get the story in this preview from next week's print edition.
Popular business banking CUSO celebrates it first decade.
CUBG's Larry Middleman advises conference attendees to follow prudent underwriting practices, detect problem loans early.
Ideally, one of the end-of-the-year items that should be checked off the list for credit unions with member business loan programs is a review of policy.