In a recent nationwide survey of small businesses, nearly two-thirds said it has become significantly harder to get loans today than just a few years ago. Similarly, a National Federation of Independent Business survey found a nearly 10% increase in the number of small businesses trying to borrow but no...
Credit unions have a wealth of insightful information trapped inside their core and technology platforms. This has always been the case, but until recently, comprehensive views of the data were not readily available. Today, decision makers have access to tools that analyze data from disparate sources and provide summaries across...
A CUSO that helps credit unions increase the number of purchase money mortgages has urged credit unions to consider housing finance less as the marketing of loan products and more as creating a leading sales channel.
The shifting sands of the consumer lending marketplace have caused the traditional loans (auto loans, home equity loans, and mortgages) that credit unions know and trust to either become scarce or thinly priced due to competition for each deal. Couple this with generally increasing costs, like regulatory compliance and...
Personal financial management software provider takes honor at San Francisco gathering.
Municipal Credit Union’s leaders told members at its annual meeting this week that the New York City credit union had a particularly strong year.
California credit union controller says credit unions can still make it by sticking to basics in this new economic season.
Nearly a year after Michigan CU Capital launched a statewide lending brand that would connect small businesses to credit unions, the effort has added another level to increase its exposure.
Automated lending tools have helped the $1.5 billion GTE Federal Credit Union see an average increase of 83% in monthly lending volume in the second half of 2011.
Massachusetts credit union can now underwrite commercial loan products in SBA Express and Patriot Express programs.