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State Issues Cease and Desist on Seattle Payday Lender

By Jim Rubenstein

Moneytree Inc., a Seattle payday lender, was hit late last week with a cease and desist order by Washington state regulators alleging the firm allowed borrowers to take out an excessive number of loans violating rescinding rules.

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Chetco FCU CUSO Picks Up What Banks Turned Down

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SBA Announces $2 Million Small Biz Innovation Grants

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April 20, 2010

Wisconsin Banks See Drop in Business Loans

A 15% drop in business lending at Wisconsin's banks is keeping pace with a national trend while the state's credit unions experienced a 13% increase in 2009.

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April 20, 2010

End of Arizona Payday Loans Looms

By June 30 Arizona could be joining states banning or restricting payday loan operations with credit unions playing a role in joining the cause.

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April 20, 2010

Validations Provide Means to Manage Lending

As one of the key requirements for meeting Regulation B's definition of a credit scoring system,

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April 20, 2010

Bagel Shop Gets a Schmear of Relief

The rush of the lunch crowd has subsided at the Bagel Factory, where hearty sandwiches filled with turkey,

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April 19, 2010

None of SBA 2010 Small Business Winners Received CU Aid

Of the 53 small business owners set to receive SBA 2010 "Person of the Year" awards during National Small Business Week in May, none of them received a loan from a credit union.

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April 18, 2010

Another $80 Million Approved for SBA Recovery Loans

To keep capital flowing to small businesses, the SBA has received an additional $80 million to support its 7(a) and 504 loan programs.

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April 15, 2010

Fed More Eager to Engage CUs, Says Economist

The Federal Reserve System seems at last to be acknowledging credit unions as important economic players based on new inquiries about district data, according to NAFCU's top economist.

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Lending

Top Lending Stories

State Issues Cease and Desist on Seattle Payday Lender

Chetco FCU CUSO Picks Up What Banks Turned Down

SBA Announces $2 Million Small Biz Innovation Grants

Recommended Just For You

Lending Stories

Wisconsin Banks See Drop in Business Loans

End of Arizona Payday Loans Looms

Validations Provide Means to Manage Lending

Bagel Shop Gets a Schmear of Relief

None of SBA 2010 Small Business Winners Received CU Aid

Another $80 Million Approved for SBA Recovery Loans

Fed More Eager to Engage CUs, Says Economist