Credit Union Times | Accurate and Timely CU News

Home Ownership Remains at Lowest Level This Century

By David Morrison

The rate of home ownership in the U.S. remained at the lowest level it has been since the last quarter of 1999, according to the U.S. Census Bureau.

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In its latest assault on credit unions' the tax exemption, the banking lobby has seized on a suit filed by the NCUA to recover losses in a 2009 Nevada credit union failure as evidence CUs are handing out loans to nonmembers on a broad scale.

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November 02, 2010

Delinquencies Drop in Fla., Ala.

For the first time in two years, Florida's credit unions have experienced a drop in loan delinquencies and net charge-offs, the League of Southeastern Credit Unions reported.

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November 02, 2010

Battered Commercial Sector May See Some Healing in 2011

The commercial lending landscape was predicted to be next the real estate bubble to burst this year. That forecast certainly came to fruition as financial institutions continue to grapple with losses with just two months left in 2010.

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November 02, 2010

Foreclosure Mess Likely to Drag On

The ongoing tangle that has become the foreclosure process in many parts of the country moved in two directions last week, each of which could impact credit unions.

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November 01, 2010

Health Field CU Operates on Small Biz Program

The National Institutes of Health Federal Credit Union has expanded its business services program with an eye on courting its growing health care and biomedical membership.

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November 01, 2010

Texans CU Says Latest CRE Suit is Baseless

The $1.6 billion Texans Credit Union said it plans to fight against a suit that claims the cooperative's commercial real estate CUSO did not follow through on providing loans for a failed Mississippi project.

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October 27, 2010

Iowa CU Leaders Applaud NCB Co-Op Plan

Iowa credit unions cautiously congratulated themselves Thursday for handling the corporate dilemma by linking up with the National Cooperative Bank.

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Home Ownership Remains at Lowest Level This Century

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Top Lending Stories

Home Ownership Remains at Lowest Level This Century

Small Biz Early Success

Ohio MBL Surge

Recommended Just For You

Lending Stories

Banker Blasts CUs

Delinquencies Drop in Fla., Ala.

Battered Commercial Sector May See Some Healing in 2011

Foreclosure Mess Likely to Drag On

Health Field CU Operates on Small Biz Program

Texans CU Says Latest CRE Suit is Baseless

Iowa CU Leaders Applaud NCB Co-Op Plan