Lending

As CIT Group Inc., one of the nation's largest small business lenders, warns about a potential bankruptcy, Shoreline Credit Union is more concerned about what is happening in its own backyard.

Credit unions that process their card transactions with TNB Card Services can now offer their members the same sticky card technology that major issuers use.

Changing the student loan program from private industry to a government-run program would limit student choice, NAFCU President/CEO Fred Becker wrote members of a House panel.

SBA Administrator Karen Mills having a seat on Pres. Barack Obama's critical economic advisory team is a good sign, CUNA Deputy General Counsel Mary Dunn said.

To stave off bankruptcy, CIT Group Inc.'s board reportedly approved a $3 billion emergency loan over the weekend to aid the struggling small business lender.

Even though it might seem contradictory, credit unions seeking to reduce credit card delinquency are advised to consider tightening their card deadlines.