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By Michelle A. Samaad |
July 13, 2012
Member Business Lending LLC said it is the first CUSO to offer its credit union participants the SBA Small Loan Advantage program.
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By Michelle A. Samaad |
August 24, 2011
With much more at stake, it is no surprise that credit union service organizations are sounding the alarm louder than credit unions regarding an NCUA proposal that would alter how CUSO relationships are regulated.
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By Michelle A. Samaad |
January 28, 2011
SWBC and Member Business Lending LLC said that six new credit unions have signed on to offer their members the SBA's lending programs.
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By Michelle A. Samaad |
October 6, 2010
Did the credit union industry do enough to persuade legislators to include an amendment that would have raised the member business lending cap in a newly signed $30 billion small business lending law?
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By Michelle A. Samaad |
May 19, 2010
When the Recovery Act made it possible for credit unions and other lenders to take advantage of a 90% guarantee from the SBA, as of April, small business owners received their share of $23 billion.
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By Michelle A. Samaad |
May 19, 2010
The SBA's Office of Inspector General has confirmed it is reviewing a sample of 300 American Recovery and Reinvestment Act loans as a usual oversight measure and not because those loans have a tendency for a higher number of defaults.
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March 24, 2010
As its former CEO, Gordon Dames took Mountain America Credit Union from a cooperative grappling with a $560,000 loss when he took the helm in 1991 to a $2.5 billion financial institution.
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By Michelle A. Samaad |
February 24, 2010
There's just no comparison between a foreclosure or walk-away from a $5.4 billion Manhattan 56-building complex and a defaulted loan on a small retail space in a strip mall.