Most of the 12 Fed districts report steady to strong CRE activity so far this year.
For its Small Business Administration lending efforts, Langley Federal Credit Union said it was recently named the top credit union in loan production for its district.
Fed Beige Book shows growing strength in real estate and residential activity.
In support of its governmental affairs and regulatory work, the Virginia Credit Union League is relocating key members of its staff to a newly purchased office building just two blocks from Capitol Square in downtown Richmond.
For its efforts in supporting small businesses, the SBA has named UVA Community Credit Union the top credit union in its district for the third year in a row.
Competitive loan pricing and a decline in loan delinquencies have helped create more demand for commercial real estate loans.
Sluggish economic growth cited in decision to leave overnight rates near zero.
With just a few weeks left in 2011, it may not be a shocking development that the commercial real estate sector will end the year in a state of stagnation.
Beige Book shows commercial real estate recovery in some parts of the country.