Lending

Pennsylvania credit union wraps up promotion with gas giveaway and nearly 1,000 new auto loan applications.

Pennsylvania credit union wraps up promotion with gas giveaway and nearly 1,000 new auto loan applications.

Rep. William Lacy Clay (D-Mo.) is a co-sponsor of member business lending and supplemental capital bills favored by the credit union lobby.

Rep. William Lacy Clay (D-Mo.) is a co-sponsor of member business lending and supplemental capital bills favored by the credit union lobby.

With interest rates at historic lows and economists and the Fed forecasting they will remain there, it is becoming harder to ignore the effects this is having on balance sheet margins. And a decelerating growth rate of U.S. GDP and slowing demand from businesses related to real estate will continue...

Over the past couple of weeks, bits and pieces have leaked out about a new commercial loan pilot program from Amazon Inc. and how the online retail behemoths entry into the small business lending could put credit unions, banks and other lenders on high alert.