Lending

The Wisconsin Bankers Association's claim that credit unions are not doing enough to serve the underserved is a "shameful" attempt to deflect from business lending efforts, the Wisconsin Credit Union League said.

To combat this period of slow auto sales and loans, First Financial Credit Union came up with a way to increase its market share.

A $2,500 grant from St. Mary's Bank aims to aid a New Hampshire incubator help small businesses with growth strategies.

It's no secret that over the last three years, small business credit risk has increased at a distressing rate.

With less than stellar gains in lending, credit unions may have to shift their focus even more to meeting members where they are as unemployment, furloughs and foreclosures impact how and if they are able to continue paying their loans.

We all make tough business decisions where there is no black and white, only shades of gray.

Former Continental Federal Credit Union president/CEO Tom Glatt Sr. voluntarily surrendered the keys to a 4,000-square-foot Sedona, Ariz., desert estate and in the process walked out on a nearly $1 million mortgage loan from his former employer.

While Sound Credit Union's business services program has been in place since July 2007, a litany of bank mergers and closures in the area has helped propel its business deposit portfolio over the last year.