Lending

Net income and net worth increased at federally insured credit unions during the third quarter but overall lending was flat and the rate of member bankruptcies increased over last year, according to data released today by the NCUA.

The $746 million San Francisco Federal Credit Union has signed on with a reverse mortgage consultant firm to offer its members the popular retirement option.

Harland Financial Solutions in Lake Mary, Fla., said it is converting three more credit unions to its UltraData Enterprise core processing solution.

A new report from the Filene Research Institute has brought academic research to what has been mostly anecdotal reports: Consumers are opting to pay their credit card bills instead of their mortgages first.

Greylock Federal Credit Union has teamed up with student loan solutions provider CampusDoor to offer Credit Union Student HELP Smart Option Student Loans made by Sallie Mae.

The $517 million Memphis Area Teachers Credit Union, headquartered in Memphis, Tenn., is testing a program it hopes will move real estate it owns into the hands of financially disadvantaged members.