Depending on who you talk to, the credit union business lending landscape could easily be a mix of record loan growth peppered with a drop in delinquent debt to an environment that is thriving better than what bank competitors are experiencing.
Slowly and surely, trickles of deals are getting financed. Markets, as we all know, are cyclical, with some bubbles, booms, and busts.
Cordray follows Wednesday's recess appointment with Thursday call to action.
Biz2Credit said while capital can still be a challenge for small businesses to come by, financing from credit unions and small, regional banks is on the rise.
Massachusetts Commissioner of Banks Steve Antonakes, whose office also regulates state-chartered credit unions, was named today to lead the team setting up the depository institution supervision at the new Consumer Financial Protection Bureau.