Lending

ORLANDO, Fla. -- Five credit unions were recognized yesterday for their lending. They received the CUNA Mutual Group's Excellence in Lending Awards at the CUNA Lending Council's 14th annual conference.

FORT WORTH, Texas -- Responding to worsening economic conditions, Americans are increasing their short-term savings and paying more on short-term debt according to a new survey.

FORT WORTH, Texas -- Responding to worsening economic conditions, Americans are increasing their short-term savings and paying more on short-term debt according to a new survey.

Lansing, Mich. -- Auto Body Credit Union is offering members with loans through the CU a two month, no-cost extension of their monthly payments to help them weather the difficult economic times.

Lansing, Mich. -- Auto Body Credit Union is offering members with loans through the CU a two month, no-cost extension of their monthly payments to help them weather the difficult economic times.

MANHATTAN BEACH, Calif. -- Efforts to launch a credit union controlled secondary mortgage market gained a new ally last week, when secondary mortgage market pioneer Jess Lederman joined $4.4 billion Kinecta Federal Credit Union in the newly created position of senior vice president and chief lending officer.

MANHATTAN BEACH, Calif. -- Efforts to launch a credit union controlled secondary mortgage market gained a new ally last week, when secondary mortgage market pioneer Jess Lederman joined $4.4 billion Kinecta Federal Credit Union in the newly created position of senior vice president and chief lending officer.

NEW YORK -- While credit unions might turn up their noses at the prospect of unloading nonperforming loans for pennies on the dollar, financial consultant Peter Duffy said that for those who can spare the capital, a weak market beats no market at all.