Lending

FOMC maintains low levels for federal funds rate at 0% to .25%.

New car loans show a little life.

Nearly five years after the housing bubble burst and the financial system collapsed, politicians are still clamoring for new ways to free up capital and spark growth across the country. The most recent effort, put forth by Sen. Mark Udall, proposes to increase the lending limit of credit unions from...

Members of the so-called silent majority of credit unions that oppose S. 2231, the bill that would increase the member business lending cap for credit unions, spoke out as banking lobbyists pressed the issue to lawmakers.

Due to growth in its lending and asset accumulation businesses, CUNA Mutual Group said it posted strong second-quarter results.

Now more than ever presents the opportune time for credit unions to consider retaining mortgage servicing rights.