Lending

The president/CEO of Chartway Federal Credit Union in Virginia said its New Year's Eve acquisition of a troubled Utah CU underscores the difficulties many CUs have in venturing into big-ticket business lending projects.

A letter from CUNA CEO Dan Mica in The Washington Post seeks to advance credit union business lending.

Local farmers can now look to Yolo Federal Credit Union for help.

From tax enticements to hire new employees to tax write-offs for investors, SBA Administrator Karen Mills said the agency's partnership with credit unions and other lenders will continue to help kick start the small business sector.

Two commercial real estate loans serviced by Business Partners LLC that are currently going through a receivership and a bankruptcy were participated out to other credit unions.

After billions of dollars went to right the ship of some of the nation's largest banks, small businesses are starting to get their just due.