Despite the challenges involved, making microloans can result in big paybacks for credit unions and communities.
Tapping existing small business owner members for loans is a winning strategy for some CUs.
Report details the software that will enable the issuing of standardized, mortgage backed securities in 2016.
LAS VEGAS - Edward DeMarco says the common securitization platform will begin some operations next year.
LAS VEGAS - Stagnant labor compensation and millennials still living with parents mean fewer mortgages.
Behavior-based rate drops will save 30,000 members a total of $2.8 million.
Callahan reports credit unions originated nearly twice as many loans as banks did.
Do you allow rejection to stop you, or do you put it aside and march forward?
SBA loans by credit unions have increased nearly 50% since 2011.
Is your credit union taking advantage of the SBA 7(a) loan program? Weigh in on our latest poll.