Lending

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.

The SBA looked to the owners of a New Orleans seafood processor as an example of how the agency said it was not prepared to handle the deluge of relief requests after Hurricane Katrina.

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.