Lending

Borrowers who claim they were fraudulently lent money by the now failed Huron River Area Credit Union have sued NCUA in an attempt to stop the agency from collecting on the allegedly fraudulent loans.

Michael Hales, president/CEO of a new business services CUSO, joins SBA Administrator Karen Mills and others who strongly believe that an economic recovery is closely tied to bolstering small businesses.

Described as a "rare opportunity," credit union leaders will speak with the CEO of General Motors Corp.

Relying on second quarter call reports, the Michigan Credit Union League claimed Invest in America has given "a very real and record breaking" boost to the auto business.

The $18 billion State Employees Credit Union, headquartered in Raleigh, is partnering with a nonprofit, government regulator and statewide broadcaster to help save more North Carolina homes from foreclosure.

The pool of Americans who would qualify for prime or super prime credit is steadily shrinking while the percentage of Americans who have to take sub-prime and so called "deep sub-prime" loans has increased, according to a recent study.