Credit unions and other housing finance lenders face an economic pinch as rising interest rates squash demand for refinanced mortgage loans while demand for purchase money loans still struggles to grow.
A year after financial troubles led to its conservatorship, Texans Credit Union's fiscal health appears to be improving.
Crippled by mounting commercial loan losses, the $1.6 billion Texans Credit Union was placed in conservatorship on April 15 by the NCUA.
Holy Rosary Credit Union, Rochester, N.H., announced the promotion of Debbie Smith to senior loan officer. Smith began her career with the credit