Lending

Initiative also includes $1.5 million deposit at participating credit unions.

Initiative also includes $1.5 million deposit at participating credit unions.

Consumers have returned to payment patterns that were typical before the Great Recession, according to one of the three nationwide credit reporting bureaus.

The fight between the City of Richmond, Calif. and 624 mortgage lenders continues, as the city attempts to obtain the loans through eminent domain.

A Sept. 11, 2013, story in Credit Union Times (Small Business Owners Plea to Credit Unions: Earn My Business) reported on a focus group of small business owners, who generally concluded that credit unions are having a hard time serving their needs compared to banks.

A credit union helped a small-time baker grow from delivering home-baked goods to parties and weddings to placing Bundt cakes on regional grocery store chain shelves with a microloan of less than $50,000.