Credit Union Times | Accurate and Timely CU News

Account Opening Jump at Keesler FCU

By Peter Westerman

A new automated account opening and loan origination platform has resulted in a 30% jump in new accounts at the $1.9 billion Keesler Federal Credit Union in Biloxi, Miss.

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NCUA Sues Real Estate Developers over Failed Vegas Condo Project

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Fed Council Meetings Aired Only a Few Discouraging Words

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Lending Stories

April 06, 2011

Regulatory Changes May Bring Opportunities

Identifying the year’s key trends and determining how to capitalize on them for the benefit of your members and your bottom line is always important. However, 2011 will be particularly pivotal within the residential mortgage market. There are three areas to watch closely.

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April 06, 2011

A High Stakes Debate That Proceeds at a Snail’s Pace

Credit unions have a large stake in the debate over how to reform the secondary mortgage market but may need exceptional patience and endurance to see it through to the end.

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April 06, 2011

Commercial Development Stains New Mexico CU’s Balance Sheet

The $353 million First Financial Credit Union, headquartered in Albuquerque, N.M., hopes to find a buyer that can take a multimillion dollar mistake off its balance sheet.

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April 06, 2011

SBA: Bankruptcy Filing Not a Death Knell for Small Businesses

Some small businesses that have previously filed for bankruptcy are no more burdened than other small firms by poor cash flow, high health insurance costs, or excessive taxes.

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April 04, 2011

Cabrillo Offers 0% Interest Government Shutdown Loans

The $175 million Cabrillo Credit Union of San Diego has begun offering a 0% interest loan to help federal government employees should the government be forced shut down by this weekend.

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April 04, 2011

Trades Say MBL Bill to be Introduced in House This Week

Lobbyists for CUNA and NAFCU said today that Reps. Ed Royce and Carolyn McCarthy plan to introduce legislation this week to raise the cap on member business loans to as much as 27.5% of assets.

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April 01, 2011

CU America Reports Strong 2010

CU America, an Illinois based mortgage CUSO with over 50 member CUs reported that it had a record year in 2010, helping its members book roughly $100 million in mortgage loans.

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Lending

Top Lending Stories

Account Opening Jump at Keesler FCU

NCUA Sues Real Estate Developers over Failed Vegas Condo Project

Fed Council Meetings Aired Only a Few Discouraging Words

Recommended Just For You

Lending Stories

Regulatory Changes May Bring Opportunities

A High Stakes Debate That Proceeds at a Snail&rsquo;s Pace

Commercial Development Stains New Mexico CU&rsquo;s Balance Sheet

SBA: Bankruptcy Filing Not a Death Knell for Small Businesses

Cabrillo Offers 0% Interest Government Shutdown Loans

Trades Say MBL Bill to be Introduced in House This Week

CU America Reports Strong 2010

A High Stakes Debate That Proceeds at a Snail’s Pace

Commercial Development Stains New Mexico CU’s Balance Sheet