This opinion piece looks at the use of loan participations to leverage capital and spread risk.
Minnesota credit union uses CUSO program to expedite member's launch of trucking enterprise.
State Employees' Credit Union in Raleigh, N.C., expands its network of members who perform peer loan reviews to 276.
The North American Automotive Marketing Council will include CU Direct partner credit unions and will identify opportunities for growth.
Connecticut-based C.U. Members Mortgage Corp is penalized by its state banking regulator for another late call report.
More than half respondents say auto loans present the best opportunity for growth. Credit executives say regulatory burden is their biggest growth challenge.
Program enhancements expand program eligibility and improve access to capital for small businesses, the SBA says.
Information about a financed property's tax, deed and other records can be used by credit unions to cross sell HELOCs, refis and more.
Roughly 90 days after the implementation of new mortgage regulations, credit unions say business is slow.
Deal-killing legal issues are a large problem facing credit unions, especially for loans intending to become participations.