Lending

Thanks to a quarterly increase of more than $44.62 million in member business loans, credit unions in Washington and Oregon are helping more small businesses.

Thanks to a quarterly increase of more than $44.62 million in member business loans, credit unions in Washington and Oregon are helping more small businesses.

Credit union industry figures blitzed Washington media outlets this week to bring attention to S. 2231, the bill that would increase the MBL cap.

The 14,700 members of the $121 million Ishpeming Community Federal Credit Union in Ishpeming, Mich., will now be able to sign legal documents, such as lending applications, at their credit union online.

The California Department of Financial Institutions liquidated the $301 million Telesis Community Credit Union of Chatsworth, Calif., June 1 and appointed the NCUA as liquidating agent. The $1.3 billion Premier America Credit Union of Chatsworth, Calif., which had been managing Telesis since mid-April, purchased and assumed Telesis members, deposits, core...

Senator, representative send letters to CFPB, Education Department asking them to examine bank-affiliated student debit card practices.