Credit Union Times | Accurate and Timely CU News

SBA 504 Loans Touted as Means to 'Eliminate' MBL Cap

By Michelle A. Samaad

Can the Small Business Administration's 504 loan program essentially "eliminate" the current 12.25% member business lending cap?

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SBA Disputes Report that it Canceled 7,700 'Approved' Disaster Assistance Loans

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Arizona State CU Links Up with Health Care Provider to Offer Payday Alternative Loans to Employees

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Lending Stories

July 24, 2007

Cha-Ching! Credit Unions to Get Better Play at '07 Realtors Convention

Last year's American Credit Union Mortgage Association credit union booth at the National Association of Realtors convention will be jazzed up for the 2007 convention with the Cha-Ching! sound of free slot machines that won't pay in coins but in electronics and other prizes for real estate agents learning about...

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July 24, 2007

NY CUs Offer Input at Subprime Hearing

Melrose Credit Union Director of Marketing Robert Nemeroff testified on behalf of the state league before the state Senate Democratic Conference hearing on subprime lending practices in New York.

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July 24, 2007

Desert Schools Calls Community Meeting on ARMs

Desert Schools Federal Credit Union is helping local neighbors avoid the pitfalls of Adjustable Rate Mortgages by hosting a community meeting.

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July 24, 2007

ACUMA to Present Credit Union Option at National Association of Realtors Annual Convention

The American Credit Union Mortgage Association will be presenting a credit union-related breakout session to some 30,000-expected attendees to the Annual Convention of the National Association of Realtors taking place here Nov. 13-16.

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July 23, 2007

Lyndon Insurance Told NCUA that Centrix Coverage Wasn't Voided

While the eventual legal outcome of lawsuits filed against credit unions by Lyndon Insurance, including The CU of Texas, may drag on, Credit Union Times has learned that Lyndon assured the NCUA back in late August 2005 that it was not aware of loan alterations changing coverage of Centrix loans.

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July 23, 2007

NCUA Vice Chair Hood Enthusiastic on Member Business Lending Strides

Continuing his mission of promoting the benefits of member business lending, NCUA Vice Chairman Rodney Hood recently met with Karl Yoneshige, the president/CEO of HawaiiUSA Federal Credit Union, which is in the midst of helping small businesses grow in Hawaii.

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July 23, 2007

Credit Unions Sign on to SBA's New Patriot Express Loan Program

Nearly 375 banks, credit unions and other lending institutions have already been approved to participate in the Small Business Administration's month-old Patriot Express Pilot Loan program.

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Lending

Top Lending Stories

SBA 504 Loans Touted as Means to 'Eliminate' MBL Cap

SBA Disputes Report that it Canceled 7,700 'Approved' Disaster Assistance Loans

Arizona State CU Links Up with Health Care Provider to Offer Payday Alternative Loans to Employees

Recommended Just For You

Lending Stories

Cha-Ching! Credit Unions to Get Better Play at '07 Realtors Convention

NY CUs Offer Input at Subprime Hearing

Desert Schools Calls Community Meeting on ARMs

ACUMA to Present Credit Union Option at National Association of Realtors Annual Convention

Lyndon Insurance Told NCUA that Centrix Coverage Wasn't Voided

NCUA Vice Chair Hood Enthusiastic on Member Business Lending Strides

Credit Unions Sign on to SBA's New Patriot Express Loan Program