Credit Union Times | Accurate and Timely CU News

CU's Payday Loan Alternative Conditionally Praised in Media Report

By David Morrison

Credit union efforts to provide alternative products to payday loans again received conditional praise this week when an Oct. 15 story on National Public Radio's Morning Edition program highlighted one CU's effort.

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Michigan First Makes First Entry into Commercial Lending

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Credit Union CEOs' Confidence Shaken By Housing Downturn, Subprime Mortgages

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Lending Stories

October 16, 2007

Workouts at Norlarco, Huron River Area Credit Unions; Potential Loss to The NCUSIF?

The construction loan programs may have ended, but troubles are still piling up for Norlarco Credit Union in Colorado and Huron River Area Credit Union in Michigan. In conservatorship and being run under the watchful eyes of NCUA, which is negotiating with interested parties to stem the mounting losses, the...

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October 16, 2007

Newsweek Picks Up on Payday Loan Fight

The October 8 edition of <em>Newsweek</em> magazine has a an article on the ongoing controversy over payday lending and highlights the roles four credit unions are playing in helping their members avoid the expensive loans.

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October 16, 2007

Credit Unions Earn Top Honors for Business Loan Production

During its Leadership Summit here last week, Member Business Lending, LLC awarded several credit unions with its American Eagle Award for outstanding business loan production.

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October 15, 2007

MBL, WesCorp Debut SBA 504 Secondary Market Program

To provide credit unions with ways to reduce regulatory caps, improve return on asset, reduce risk and expand business lending options, Member Business Lending, LLC and WesCorp announced today its new Small Business Administration 504 Secondary Market Program.

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October 15, 2007

Travis CU Earns SBA Preferred Lender Status

Although relatively new to business lending, Travis Credit Union has still managed to earn the Small Business Administration's Preferred Lender status.

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October 15, 2007

Travis CU Earns SBA Preferred Lender Status

Although relatively new to business lending, Travis Credit Union has still managed to earn the Small Business Administration's Preferred Lender status.

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October 11, 2007

Credit Unions Highlight of Payday Alternative in Wisconsin

The role credit unions can play in helping move people away from relying on payday lending was featured in a lengthy article in the Wisconsin State Journal that ran today.

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Lending

Top Lending Stories

CU's Payday Loan Alternative Conditionally Praised in Media Report

Michigan First Makes First Entry into Commercial Lending

Credit Union CEOs' Confidence Shaken By Housing Downturn, Subprime Mortgages

Recommended Just For You

Lending Stories

Workouts at Norlarco, Huron River Area Credit Unions; Potential Loss to The NCUSIF?

Newsweek Picks Up on Payday Loan Fight

Credit Unions Earn Top Honors for Business Loan Production

MBL, WesCorp Debut SBA 504 Secondary Market Program

Travis CU Earns SBA Preferred Lender Status

Travis CU Earns SBA Preferred Lender Status

Credit Unions Highlight of Payday Alternative in Wisconsin