Lending

Several Virginia credit unions were recently profiled on the strides their business lending programs have made with members.

In more fallout from the Centrix bankruptcy, Mission Federal Credit Union here announced a settlement over its purchase of Centrix loans bought as participations.

It may be a first for the credit union industry: a business lending CUSO that serves both banks and credit unions.

With claims of a distortion of the facts, the Small Business Administration has once again criticized The New York Times for a recent article discussing the agency's operation.

Everywhere it seems credit unions are energized with efforts to keep the American Dream of home ownership alive. Whether it's attempts to help people avoid foreclosure or launching first-mortgage programs, credit unions are trying harder to fill gaps in home lending.

If you're looking for the hype man for business lending within the credit union movement, look no further than Kent Moon.