Lending

NEW YORK -- Plans underway from the National Federation of Community Development Credit Unions to form a secondary market for so-called nonconforming loans are still on track despite the upheaval in the financial markets, according to Federation Executive Director Clifford Rosenthal.

NEW YORK -- Plans underway from the National Federation of Community Development Credit Unions to form a secondary market for so-called nonconforming loans are still on track despite the upheaval in the financial markets, according to Federation Executive Director Clifford Rosenthal.

Cal State 9 CU Chairman John DeClercq informed Credit Union Times yesterday that CEO Jackie Wong remains at the helm of the credit union. Credit Union Times may have been "misled with the addition of well known industry veteran Judy Hurst to our team. She has been brought in to...

Cal State 9 CU Chairman John DeClercq informed Credit Union Times yesterday that CEO Jackie Wong remains at the helm of the credit union. Credit Union Times may have been "misled with the addition of well known industry veteran Judy Hurst to our team. She has been brought in to...

Determined to address local alarm over the fate of housing and subprime mortgages, the $803 million Royal Credit Union said today that it is planning to roll out a consumer hotline next month "to help us at least determine what the situation is."

The administration at Arizona State University expressed thanks Tuesday to the $1 billion Arizona State Credit Union for devising a "rescue" loan package to aid employees who have undergone financial hardship following a payroll conversion.