loan applications

  • EECU Surpasses $1 Billion in Loans

    The Fort Worth, Texas-based EECU said it surpassed the $1 billion mark in loans at the end of 2012.

  • Looking Past Low-Income Credit Scores to Grow Profits

    When it comes to underwriting consumer loans, some community development credit unions have found success by looking at other factors besides credit scores.

  • Loan App Skepticism a Challenge for CUs and Members

    About 18 months ago, Steve Hoke and his team were discussing how indirect lending could potentially be a better process for credit unions and give members usable information that would actually result in driving that coveted vehicle off the dealership’s lot.

  • SBA to Expand Access to Loan Programs

    Borrowers and lenders of loans backed by the SBA will have greater access to capital and less paperwork to deal with.

  • Hope FCU Mobile App to Aid Low-Income Members

    William Bynum, CEO of the 28,000 member, $161 million Hope Federal Credit Union, believes the Jackson, Miss.-based credit union’s new mobile app is the first step in what he and the credit union foresee as an effort to make widespread banking and financial management solutions available to lower income people...

  • Next Generation Mobile Banking Preps for New Revenue

    Mobile phones are more than just phones. They have become indispensable portable computers, helping manage our personal lives, connecting us at all times to the office and bringing us the information we want, when we want it at the speed of light.

  • Former CU Manager Faces 30 Years

    Patricia Piscioneri, a former credit union manager, may face up to 30 years in federal prison, after pleading guilty to embezzling $156,571 from the former Adams Municipal Employees Federal Credit Union in Adams, Mass.

  • Against the Grain ESOP

    At a time when some companies are skittish about paying out stored-up pension plans for longtime employees, Lending Solutions Inc. recently went in the other direction.

  • Dividends

    CEFCU, Peoria, Ill., announced that a record extraordinary dividend of $9 million has been distributed to CEFCU members. The dividend was based on members’ savings and loan activity during, with $4.5 million going to borrowers and $4.5 million going to savers.

  • Mississippi Delta CEO Says App for Underserved Merely First Step

    Hope Federal Credit Union releases mobile app; CEO notes Mississippi has highest percentage of wireless homes in the nation.

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