Lending

The continued push to raise the member business lending cap for credit unions in light of banks scaling back aid is the focus of an article in the Wall Street Journal.

The NCUA liquidated Land of Enchantment FCU, and Guadalupe Credit Union purchased and assumed its assets, liabilities and members.

As credit unions brace for a turnaround in new auto lending activity this year, more signs are in the air that vehicles sales are up.

The $87 million Shreveport Federal Credit Union has used the long-term capital it received from the U.S. Treasury's Community Development Capital Initiative to grow its portfolio of very small business loans.

WASHINGTON — The woman setting up the new Bureau of Consumer Financial Protection said the bureau will be a strong ally of credit unions that "want to work on behalf of their members."

A recent study by the Center for Responsible Lending found that not only have the new credit card rules mandated by the CARD Act of 2009 resulted in significantly greater price transparency for consumers, but, despite grim predictions, actual prices have remained stable and available credit has not tightened beyond...