Lending

From collateral alternatives to questioning if there is a "magic formula" to determine loan approval, Phil Bryan, senior vice president of retail and lending at Metro Credit Union, shared his insights during a Twitter town hall this afternoon.

Even in credit-strapped times, the SBA, working with credit unions and other lenders, has approved more than $315 million in Patriot loans to more than 3,750 veterans and their spouses.

Columbia Credit Union is looking to help three lucky members out with their finances through its payment free promotion.

As a state budget battle continues, Arizona State CU President/CEO David Doss said his credit union is prepared to provide emergency financial assistance.

Rates on 30-year, fixed-rate mortgages increased slightly last month while rates on 15-year mortgages dropped, according to data released today by the Federal Housing Finance Agency.

Credit unions, community banks and small business owners will be on the lineup at a Twitter virtual town hall meeting on ways to access credit.