Lending

As a possible bankruptcy filing looms for CIT Group Inc., one of the nation's largest small business lenders, credit unions may not have a choice in bracing for a wave of firms looking to revive their collapsed financing agreements.

With vacancy rates at 20-year highs, delinquent commercial real estate loans are on the rise nationwide.

NACUSO said business lending CUSOs are not affected by an anti-money laundering proposal from the Financial Crimes Enforcement Network.

A small Pittsburgh credit union, ACBA Fed, whose staff includes current and retired state employees, went to bat this week for its hard-pressed members in a big way.

Chrysler announced that it will be refocusing its efforts away from the Invest in America program to concentrate on one program, Double Your Cash for Clunkers.

NATIONAL HARBOR, Md. -- Credit unions should focus on a few mortgage products, do them well and become go-to experts on the housing market in their local media.