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Not Everyone Feels Economic Pain, Notes PCUA

By Jim Rubenstein

HARRISBURG, Pa. -- Based on media reports, pawnbrokers, check cashers and payday lenders are flourishing in the rough economy, the Pennsylvania Credit Union Association noted Monday in its member newsletter.

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Fed Approves New Rules on Mortgages

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Fed Approves New Rules on Mortgages

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July 11, 2008

State Employees' Student Loan Aid Seen as Model Elsewhere

RALEIGH, N.C. -- U.S. credit unions flush with deposits and eyeing favorable investment returns might want to follow the model of the $15 billion State Employees Credit Union which is providing $1.1 billion in financial backing for a beleaguered student loan agency, the CU management suggested Friday.

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July 10, 2008

Texans CU Drops Business Lending After C&D Losses

DALLAS -- Texas Credit Union Commissioner Harold Feeney said his agency is working closely with the $2 billion Texans Credit Union after the institution has taken substantial hits in its construction and development portfolio.

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July 01, 2008

On-Site Coverage: Recession Survival Techniques Revealed

NEW YORK -- Don't penalize your members for the bad economy and take advantage of the credit crunch by reaching out to those having trouble getting loans from weary banks.

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July 01, 2008

Dorsa Urges Credit Unions to Step Up Mortgage Marketing

LAS VEGAS -- American Credit Union Mortgage Association President Bob Dorsa said he can't shake the feeling that credit unions are at least partly to blame for losses in the mortgage industry. And, the recent state lawsuits brought against Countrywide Financial Corp. aren't helping any.

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July 01, 2008

Equifax APPRO Adds Account Opening

NEW YORK -- Equifax is now offering an online account opening solution. The APPRO offering gives credit unions and banks access to account opening, cross selling, consumer and business lending on a single platform, the company said.

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July 01, 2008

Equifax APPRO Adds Account Opening

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July 01, 2008

Wright-Patt CUSO Named CUSO of the Year

FAIRBORH, Ohio -- myCUmortgage, a division of Wright-Patt Financial Group, was named 2007 CUSO of the year by Prime Alliance. The CUSO was cited for its home loan volume and client relations.

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Top Lending Stories

Not Everyone Feels Economic Pain, Notes PCUA

Fed Approves New Rules on Mortgages

Fed Approves New Rules on Mortgages

Recommended Just For You

Lending Stories

State Employees' Student Loan Aid Seen as Model Elsewhere

Texans CU Drops Business Lending After C&D Losses

On-Site Coverage: Recession Survival Techniques Revealed

Dorsa Urges Credit Unions to Step Up Mortgage Marketing

Equifax APPRO Adds Account Opening

Equifax APPRO Adds Account Opening

Wright-Patt CUSO Named CUSO of the Year