Lending

In North Carolina last week, the emphasis on "jobs, jobs, jobs," grew more intense as credit unions and small business owners came together to express their urgency.

Credit unions that help their members prepare and file their tax returns and then deposit their refunds in credit union accounts, are helping the members avoid losing millions of dollars in so called refund anticipation loans.

All businesses, including credit unions, must face a new reality.

The Invest in America program has added two new benefit partners and released 2009 numbers that CUcorp CEO David Adams said make him optimistic about the program in 2010.

When a bank in Indiana known for its robust business lending program was bought by a larger competitor in 2008, it left many local firms scrambling for other financing alternatives.

Keeping the momentum going, Sen. Mark Udall (D-Colo.) is scheduled to speak at the Credit Union Association of Colorado this morning to promote legislation that would raise the member business lending cap.