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February 20, 2013
As the latest round of quantitative easing (QE3) commences, this significant government investment will present many lending opportunities for credit unions. QE3 will drive investment in private businesses, boosting corporate profits, which will enable companies to finance expansion projects and invest in value-added business services, like consulting and leasing companies.
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By Candice Reed |
February 13, 2013
Montana’s economy is booming thanks to oil, but the Big Sky Country’s credit unions are still struggling to catch up.
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By Candice Reed |
January 30, 2013
Big Sky Country sees oil boom but ROAAs still below average, NCUA figures show.
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By Natasha Chilingerian |
February 20, 2012
After a net loss of $12.8 million in 2010, the $1.2 billion Kern Schools Federal Credit Union in Bakersfield, Calif., declared 2011 its best year for financial performance since 2007. The CU announced a net income of $22.4 million for 2011 and a net worth ratio that jumped from 4.31%...
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By Michelle A. Samaad |
July 31, 2011
The Federal Reserve Bank of New York is not convinced that a lack of credit access primarily contributed to the woes of small businesses since the 2007-2009 recession.
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By David Morrison |
July 17, 2011
Contrary to conventional wisdom, as the nation moves through an extended housing downturn, a number of credit unions have found themselves faced with significant amounts of REO.
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By David Morrison |
January 3, 2011
A firm which tracks real estate trends expects some parts of the U.S. to see significant improvements in their real estate prices this year.
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By David Morrison |
September 29, 2010
LAS VEGAS -- The American Credit Union Mortgage Association wanted attendees at its 2010 annual conference to walk away with two convictions.
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April 28, 2010
The Student Aid and Fiscal Responsibility Act, which was included in the health care reconciliation bill that was enacted last month, directly impacts higher education financing programs guaranteed by the federal government.
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By David Morrison |
April 14, 2010
Credit unions are finding some of their strongest ever growth in mortgage underwriting by combining high-tech outreach with a traditionally high touch approach to service-both to their members and real estate professionals.
