After a rough 2008 and 2009, conditions are slightly better this year for many credit unions. During his 10 years as NAFCU president/CEO, Fred Becker has observed many highs and lows in the credit union movement.
Regulators in Louisiana are about ready to conduct a more formal, second survey of financial conditions impacting credit unions as a result of the BP oil spill, the state's top examiner, Sidney Seymour, said Thursday.
If you are a boss you might want to consider the possibility that paying your employees big bonuses isn't likely to improve their performance. Also, if your spouse or partner dumps you it may hurt for a little while, but eventually you will get over it.
If all goes as planned, there will be 3,000 more active lenders in the SBA's 7(a) loan program by September 2011.
Interchange remains just as much a searing issue among Louisiana credit unions as elsewhere but "we are being respectful to our Congressional delegation" because of the BP oil spill, the Louisiana Credit Union League said Friday.
In addition to Louisiana, the SBA said it is making economic injury loans available to small businesses near the Gulf of Mexico in Alabama, Mississippi and Florida impacted by the Deepwater BP oil spill.
SBA Administrator Karen Mills announced today the agency is making low-interest loans available to Louisiana Gulf Coast small businesses suffering financial losses following the April 20 Deepwater BP oil spill.