retail sales

• SBA Revisits Inventory Financing

  By Michelle A. Samaad  |  February 23, 2011

  Credit unions and other lenders looking to increase access to inventory financing for auto, boat, RV and other dealerships will be able to do so again through the relaunch of an SBA pilot loan program.

• Credit Unions Prep for New Auto Lending Rebound

  By Michelle A. Samaad  |  February 18, 2011

  With the sale of new cars experiencing a 25% increase in January, credit unions are gearing up to assist members in a still highly competitive market.

• People

  October 6, 2010

  Andrews Federal Credit Union, Suitland, Md., announced Jim Hayes as its new executive vice president/chief financial officer.

• Skylines DirectFED Signings

  September 15, 2010

  Skyline's DirectFED Payment Solutions said it has signed the $124 million Right Choice Credit Union of Houston and the $4.2 million University of

• People

  June 16, 2010

  HarborOne Credit Union, Brockton, Mass., announced that Barry Koretz was appointed chairman of the board of directors.

• Target Dumping Visa

  May 12, 2010

  In a move that may signal a broader trend reversal, the Target shopping chain has announced it will stop issuing its Target branded credit card with a Visa logo and will instead issue only its in-house Target branded card.

• Retail Sales Show Dramatic Increase

  By Claude R. Marx  |  April 14, 2010

  With spring having sprung and the economy continuing to show signs of a rebound, consumers opened up their wallets last month and caused retail sales to increase 1.6% last month, the Commerce Department reported today.

• Retail Sales Increase Again

  By Claude R. Marx  |  March 12, 2010

  Despite heavy snow in some regions and in contrast to the usual pattern of slower consumer purchasing in the winter, retail sales rose 0.3%, the Commerce Department reported today.

• Tower FCU Sees Opportunities From Baltimore-D.C. Strengths

  By Michelle A. Samaad  |  February 17, 2010

  Despite last week's blizzard that literally shut down Washington, Tower Federal Credit Union is still optimistic about the findings from a new report that show the region has several qualities that may make it ideal for stronger economic growth this year.

• Retail Sales Up

  By Claude R. Marx  |  February 12, 2010

  Consumers were more willing to spend money last month as retail sales increased 0.5%, the Commerce Department reported today.