Lending

Credit unions wrote 5% of the nation's mortgages in the third quarter of 2009 and industry analysts anticipate a similarly high number for the year overall.

Member Business Solutions LLC recently marked a milestone as it passed the $1 billion mark in underwritten loans.

As senators prepare a jobs-creation package that CUNA and NAFCU hope will include an increase in the MBL cap, the trades yesterday wrote letters reiterating their support for the measure.

The latest NAFCU Macro Data Flash Report on vehicle sales showed that while sales continued on an upward trend through the end of 2009 the auto industry still faces a long battle to return to prerecession numbers.

In North Carolina last week, the emphasis on "jobs, jobs, jobs," grew more intense as credit unions and small business owners came together to express their urgency.

Credit unions that help their members prepare and file their tax returns and then deposit their refunds in credit union accounts, are helping the members avoid losing millions of dollars in so called refund anticipation loans.