Lending

NEWARK, N.J. -- Citing their low rates on car loans and credit cards and high rates on certificates of deposit, a personal finance columnist recently encouraged readers to consider credit unions as a financial services option.

DALLAS -- Nearly two years after three former Texans Commercial Capital executives filed a lawsuit against the Texans Credit Union CUSO for defamation, a Dallas County jury ruled yesterday that the plaintiffs were wrongly terminated.

PASADENA, Texas -- The Ike-suffering credit unions along the Texas coast began last week waiving payments and reducing rates and are now seeing the expected spike in disaster relief loans, with the $205 million Texas Bay Area CU already making 400 loan extensions worth $3.5 million.

MADISON, Wis. -- The Federal Reserve's move to save American International Group probably did little to calm investor fears, but financial advisers continue to beat the drum for staying liquid and seeking out opportunities to augment long-term goals.

WASHINGTON -- The bill that requires FHA to accept seller-provided down payments has cleared the House Financial Services Committee.

DES MOINES, Iowa -- Businesses in Iowa that have received a credit union, bank or Small Business Administration loan, may be eligible for a forgivable loan up to $50,000.