Lending

With several new economy recovery initiatives on the table, CUNA has once again urged Pres. Obama to consider how credit unions can aid small businesses.

Two more letters went out yesterday from NAFCU to key lawmakers urging the inclusion of language that would increase the member business lending cap.

The American Credit Union Mortgage Association has aimed its September conference at helping credit unions better understand both their members' mortgage needs and the variety of different ways they could help meet them.

The $86 million Delta County Credit Union, headquartered in Escanaba, Michigan, recently learned how much rewards can boost a credit card program.

Members of Pennsylvania Credit Unions whose credit unions offer Better Choice loans have saved more than $12 million in fees since the program began in 2006.

For the second time this month, Connecticut credit union representatives have met with Rep. Jim Himes (D-Conn.) to discuss the proposed member business lending cap.

Southeast credit unions, striving to serve and assist victims of the BP Oil Spill, are hoping they have a friend on loan guarantees in the government's claims czar, Kenneth Feinberg.

Shunned by its bank, an 82-year old Iowa grain elevator company was saved from closing its doors for good thanks to a loan from a credit union.