Lending

At the same time Pawtucket Credit Union has seen membership and assets swell, it has faced the challenge of helping members struggling through a time of high unemployment.

If credit unions launch or upgrade their mortgage lending operations in the coming year, real estate professionals and borrowers will come.

Lending Solutions Inc. said it has signed 30 credit unions so far this year as new users of its lending and member service contact center.

Consumers living in Washington DC and its surrounding area have the highest monthly payments in the nation for bills that include credit card, car loan and lease or mortgages, according to Experian.

Timed to Veterans Day, the $340 million Global Credit Union has launched a "Veterans Day Car Sale" with rates at 2.99%, far below the current 3.99% APR "and significantly lower than the national average of 4.36% APR at credit unions and 5.84% for banks."

Mark Moody, one of the managers of North Star Business Services LLC, told Credit Union Times the fraudulent payment collection claims the NCUA has brought against the defunct CUSO are false.