Lending

Former vice president found guilty of 54 counts of fraud that led to the near collapse of AEA Federal Credit Union sent to prison.

The bank lobby took the opportunity Friday to point to a credit union failure as a reason to keep the current MBL cap.

Roughly one out of 10 immigrant workers are business owners with most turning to personal or family savings for startup capital.

Roughly one out of 10 immigrant workers are business owners with most turning to personal or family savings for startup capital.

A 1.4% decline in loans outstanding in 2010, modest 1.2% increase in 2011 at credit unions linked to how members feel about economy, jobs.

After years of losses from business lending, Telesis Community Credit Union was liquidated Friday and sold to Premier America Credit Union.