Patricia Piscioneri accused of four years of inside theft from small Massachusetts credit union.
Lending solution provider CU Direct Corp. said its board of directors recently approved a 3% cash dividend to its 102 shareholders.
Clevelander Jukic Zrino was business partner with failed credit union's jailed CEO.
Lower approval rates seen from banks, credit unions and alternative lenders.
Shastic's AutoCalcubot now in use at Kinecta FCU, other large credit unions.
Long Island's largest credit union raising funds with United Way and Red Cross, working with members on new terms for existing loans, new lending.
Maryland is the richest state in the union with a median household income of $70,004, a cool $20,000 above the national average. However, as of June 30 Maryland’s credit unions reported just 61 basis points worth of profit, well below the national average of 0.86% ROA.
The nation's wealthiest state, by median household income, at 61 basis points worth of profit, well below national average, NCUA figures show.
Over the past six quarters, the SBA’s loan program has posted the second-largest dollar volume ever, supporting $30.25 billion in loans to small businesses.
That’s according to Biz2Credit, a New York firm that connects small businesses with financial institutions.