Lending

Five Maine credit unions led by the Maine Credit Union League have now pledged $200,000 in no fee/no interest loans to assist some 400 homeowners and businesses impacted by the collapse of a Brunswick oil and gas supplier, it was announced Wednesday.

Apple Federal Credit Union is offering free workshops to help families of local college-bound high school students navigate the often complex process of filling out applications for federal financial aid.

When it comes to maintaining and expanding branches in Walmart stores, the $1.6 billion First Community CU of St. Louis is now among the foremost CU cheerleaders.

Many credit unions remain trapped between rising consumer and member demand for mortgages backed by the FHA and HUD regulations governing those loans.

The $44 billion Navy Federal Credit Union has launched an auto referral program that seeks to offer members savings on their new and used vehicle purchases.

A SBA pilot loan program aimed at increasing access to inventory financing for auto, boat, RV and other dealerships will re-launch Feb. 8.