Lending

HarborOne Credit Union has proved it is meeting the needs of low and middle income people, Congressman Barney Frank and chairman of the House Financial Services Committee (D-Mass.) said Friday.

After months of reduced activity and lower premiums, the SBA said its 7(a) secondary market is starting to recover.

Reiterating his support to the Credit Union Association of New Mexico, U.S. Rep. Martin Heinrich (D-N.M.), a co-sponsor of H.R. 3880 legislation to raise the member business lending cap, said the change makes fiscal sense for small businesses.

Loan demand declined in most categories during the first quarter of 2010 and this added to the difficulties facing many federally insured credit unions, the NCUA reported today.

To help serve its Muslim members while adhering to their beliefs, North Jersey Federal Credit Union has designed an Islamic banking division.

This weekend I attended my cousin's college graduation from the same college I graduated from three years ago.