Overregulation is not just choking credit unions, it is choking our economy.
Time is money, and entrepreneurs never seem to have enough of both. This is particularly true for small business owners who can spend hours filling out a tsunami of documents to apply for government-backed loans. And when the exhaustive paperwork finally plods through an esoteric loan processing system, all small business...
Northwest FCU first to deploy cloud-based system from North Carolina bank software spinoff. A preview from next week's print edition.
NCUA Chairman Debbie Matz attended an Aug. 7 meeting in the White House’s Roosevelt Room in which President Barack Obama announced that low-income designated credit union lending would be included in the administration’s latest drought-relief package.
Says serving low-income communities has its challenges, but the additional planning and attention to projections and risk management are worth the effort.
Agency offers streamlined opt-in to 1,003 credit unions as part of White House drought relief package. Says move could double LICU lineup.
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.
Credit union execs testify at House panel hearing.
Two credit union CEOs will testify at House subcommittee hearing Thursday on regulatory burdens.
The shifting sands of the consumer lending marketplace have caused the traditional loans (auto loans, home equity loans, and mortgages) that credit unions know and trust to either become scarce or thinly priced due to competition for each deal. Couple this with generally increasing costs, like regulatory compliance and...