Lending

Many financial institutions in America are visiting the topic of indirect auto lending. Some are considering entering the business for the first time.

Small businesses looking to link up with credit unions for financing can now do so at the Credit Union Small Business Financing Alliance's website at www.cusbfa.com.

The now $3 million Mid East Tennessee Community Credit Union turned one-year-old this past March and organizers report the new CU is thriving despite the down economy.

Pulling from a 2003 Government Accountability Office study, the Wisconsin Bankers Association offered what it considered evidence that most NCUA examiners do not have enough experience to effectively monitor commercial loans at credit unions.

I just read Brett Christensen's comments in the article titled, "Is Indirect Lending a Romp in the Devil's Playground?" in the April 7 issue.

The Student Aid and Fiscal Responsibility Act, which was included in the health care reconciliation bill that was enacted last month, directly impacts higher education financing programs guaranteed by the federal government.