Lending

A loan program that launched Aug. 1 in Iowa is starting to reap dividends for the state's small businesses.

Member business loans at credit unions in Ohio are in high demand just as mortgage loans have spiraled down.

In its latest assault on credit unions' the tax exemption, the banking lobby has seized on a suit filed by the NCUA to recover losses in a 2009 Nevada credit union failure as evidence CUs are handing out loans to nonmembers on a broad scale.

For the first time in two years, Florida's credit unions have experienced a drop in loan delinquencies and net charge-offs, the League of Southeastern Credit Unions reported.

The commercial lending landscape was predicted to be next the real estate bubble to burst this year. That forecast certainly came to fruition as financial institutions continue to grapple with losses with just two months left in 2010.

The ongoing tangle that has become the foreclosure process in many parts of the country moved in two directions last week, each of which could impact credit unions.