Credit Union Times | Accurate and Timely CU News

Bank of America Provides $10 Million Grants for Small Businesses

By Peter Westerman

Nonprofit lenders have another source to aid small and rural businesses through a new $10 million grant program from the Bank of America.

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News

San Francisco CUs Prep for Taxi Medallion Sales

Business Loans, More Auxiliary Groups Next Goals for REALTORS FCU

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Lending Stories

August 09, 2010

Dort FCU First to Launch Obama Foreclosure Package

Dort FCU of Flint is still enjoying the national limelight this week as the first financial institution in the U.S. to actually launch and implement funds distribution for the $1.5 billion Obama Administration program to help homeowners.

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August 09, 2010

League of Southeast Studies Loan Flexibility in Oil Spill Webinar

Regulators from Gulf Coast states have been invited to participate in an industry-sponsored three hour/workshop/seminar Aug. 30 exploring examiner flexibility on BP oil spill loans to fishermen, boat operators, and small businesses.

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August 08, 2010

Conn. Legislator Touts MBL Increase for Job Creation

Rep. Jim Himes (D-4th Conn. District) is among the growing number of legislators who believe raising the member business lending cap will be pivotal for job creation.

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August 08, 2010

Consumer Credit Down At CUs and Overall

Consumers continue to be reluctant to take on additional credit as concerns persist about the pace of economic growth.

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August 03, 2010

CARD Act Forces Many Banks to Mimic CU Cards

Many bank card issuers have abandoned practices viewed as unfriendly to consumers, according to a consumer watchdog group that has long been critical of card issuing practices.

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August 01, 2010

Loans and Credit Quality Up at CUs According to CUNA Survey

Outstanding loans increased at a slightly higher rate in June, savings balances declined and share accounts rose slightly, according to a CUNA survey of 400 credit unions.

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August 01, 2010

Midsize Businesses Paying Bills Better Than Most

Since the beginning of the year, businesses with 50 to 499 employees have improved the most when it comes to paying their bills on time, according to Experian.

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Lending

Top Lending Stories

Bank of America Provides $10 Million Grants for Small Businesses

San Francisco CUs Prep for Taxi Medallion Sales

Business Loans, More Auxiliary Groups Next Goals for REALTORS FCU

Recommended Just For You

Lending Stories

Dort FCU First to Launch Obama Foreclosure Package

League of Southeast Studies Loan Flexibility in Oil Spill Webinar

Conn. Legislator Touts MBL Increase for Job Creation

Consumer Credit Down At CUs and Overall

CARD Act Forces Many Banks to Mimic CU Cards

Loans and Credit Quality Up at CUs According to CUNA Survey

Midsize Businesses Paying Bills Better Than Most