Lending

Navy Federal Credit Union, through its big Pensacola, Fla. operation, has joined others in the BP oil spill restoration.

Although there has been little movement since buzz started more than a year ago, micro-lending bank Grameen America Inc. said pursuing a credit union charter is still being considered.

The Community Financial Association of America has released a statement supporting the regulation of firms which would tap into social security recipients accounts to repay payday type loans.

In a late-night session and after extensive procedural maneuverings, the Senate last night approved a $30 billion fund that community banks can access to fund more business loans

Belvoir Federal Credit Union has found a rewards program aimed at increased lending has been having an impact.

Pen Air Federal Credit Union has joined forces with lending solutions provider CUDL. The partnership with the over $1 billion credit union further expands CUDL's reach in Florida's Panhandle.