Credit Union Times | Accurate and Timely CU News

IBM Unit Lands Coastal FCU Mortgage Processing Deal

By Michelle A. Samaad

CHARLOTTE, N.C. -- IBM Lender Business Process Services, Inc., a subsidiary of IBM, has partnered with Coastal Federal Credit Union to provide mortgage origination and processing services.

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Franchises Untapped Market for Small Business Lending

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Arkansas AG Taking Off After Payday Lenders

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March 17, 2008

PCUA Sets April 2 Webinar on Student Loan Snags

HARRISBURG, Pa. -- Joining up with a state student loan agency roiled by market troubles, the Pennsylvania Credit Union Association said Monday it has set April 2 as the date for a special Webinar aimed at helping CUs transition to new funding mechanisms.

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March 17, 2008

Bear Stearns Sale Could Spell Opportunities for Credit Unions

PLANO, Texas -- While markets plunged and investors panicked following news that JPMorgan Chase would buy a collapsed Bear Stearns, the impact could create more opportunities for credit unions.

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March 13, 2008

Michigan Business Lending, CUSOs in Spotlight

TROY, Mich. -- The growing entry of Michigan's credit unions into business lending in the midst of the state's tough economy was recently in the spotlight.

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March 10, 2008

California CUs Prepare Bids on Cal State 9

CONCORD, Calif.--With a bidders conference reportedly slated this Wednesday in Phoenix, Bay area credit unions were lining up this week to submit offers to NCUA to acquire the $339 million asset Cal State 9 CU, placed under conservatorship last November.

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March 10, 2008

California CUs Prepare Bids on Cal State 9

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March 10, 2008

Aimbridge Lending Platform Gets Upgrade

ENGLEWOOD, Colo. -- Aimbridge Lending Solutions has added customized dashboards, scenario planning, and internal rate of return tools in an upgrade of its enterprise lending platform, the company said.

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March 10, 2008