Credit Union Times | Accurate and Timely CU News

Matz Urges CUs to Closely Watch Risks of Energy Loan Program

By Claude R. Marx

Because of the risks to safety and soundness caused by some energy efficiency loans, credit unions should make "appropriate adjustments, to their underwriting criteria and collateral monitoring practices."

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Small Firms That Don't Use Credit More Profitable, Study Finds

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Fynanz Launches Blog

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Lending Stories

July 13, 2010

MBL Hike May Fall Victim to Procedure and Politics

CUNA and NAFCU often say that during the recent financial crisis their members wore the white hats.

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July 13, 2010

SBA Approves First Lenders for New Mortgage Loan Pool

Nine banks are the first approved lenders for a new SBA loan pool origination program that will assemble and sell pools of 504 program first mortgage loans to help jump start a secondary market.

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July 13, 2010

PSCU Launches New Collections Service

PSCU Financial Services launched a new collection service, TOTALCollections, that provides targeted efforts for every loan product.

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July 13, 2010

Patriot Express Loans Top $500 Million

Credit unions and other lenders have helped the SBA's Patriot Express loan program reach the $500 million mark.

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July 13, 2010

Sam's Club Makes Foray Into Small Business Loans

After learning that 15% of its small business members were denied a loan to keep their operations running, Sam's Club launched a national pilot program that would make capital available to them.

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July 13, 2010

Mortgage Translation Required in California

Credit unions operating in California must provide written mortgage loan translations in five languages, according to a release from the state's Department of Financial Institutions.

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July 13, 2010

Small Biz Is Debt Wary

Buying and leasing new equipment and taking on new debt are two decisions small business owners are sitting on until they see sustained signs that the economy is recovering.

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Lending

Top Lending Stories

Matz Urges CUs to Closely Watch Risks of Energy Loan Program

Small Firms That Don't Use Credit More Profitable, Study Finds

Fynanz Launches Blog

Recommended Just For You

Lending Stories

MBL Hike May Fall Victim to Procedure and Politics

SBA Approves First Lenders for New Mortgage Loan Pool

PSCU Launches New Collections Service

Patriot Express Loans Top $500 Million

Sam's Club Makes Foray Into Small Business Loans

Mortgage Translation Required in California

Small Biz Is Debt Wary