Credit Union Times | Accurate and Timely CU News

Number of Active SBA CU Lenders Improves After Changes

By Michelle A. Samaad

It's been two years since the SBA moved its credit union lender approval process from Washington to its district offices and the shift has produced some notable increases.

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Foolproof Offering Package Free to 3,000 CUs Under $10 Million

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Federally Insured CUs Struggling in Utah

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July 11, 2010

Consumer Card Spending Still Soft in June, First Data Says

International card processor First Data Corp announced that its measure of consumer spending on their debit and credit card was soft in June, indicating that consumers are still not returning vigorously to the market.

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July 11, 2010

Stressed MBLs Still on Radar as NCUA Touts Cap Increase

Can the NCUA back the effort underway to increase the member business lending cap while at the same time help spot and aid troubled loan portfolios?

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July 11, 2010

Brown to Back Financial Overhaul Bill

Moving the legislative process one step closer to completion, Sen. Scott Brown (R-Mass.) announced today he plans to vote for the regulatory overhaul bill.

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July 11, 2010

Trades Ramping Up Efforts on MBL Amendment

CUNA and NAFCU are redoubling their efforts to lobby senators to support an amendment by Sen. Mark Udall (D-Colo.) that would raise the cap on member business loans from 12.25% of assets to 27.5% of assets.

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July 08, 2010

MECU Pays Members $4.2 Million Bonus

MECU in Baltimore paid members the first half of an annual cash bonus totaling over $4.2 million.

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July 08, 2010

Golden 1 Launches Apple Apps

The Golden 1 has added an iPad/iPhone application to its lineup of mobile banking services.

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July 08, 2010

Udall Uncertain If He'll Be Allowed to Offer MBL Cap Hike

Senate leaders haven't made a commitment to allow Sen. Mark Udall (D-Colo.) will be allowed offer his amendment to raise the cap on member business loans for credit unions, his spokeswoman said today.

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Top News Stories

Number of Active SBA CU Lenders Improves After Changes

Foolproof Offering Package Free to 3,000 CUs Under $10 Million

Federally Insured CUs Struggling in Utah

Recommended Just For You

News Stories

Consumer Card Spending Still Soft in June, First Data Says

Stressed MBLs Still on Radar as NCUA Touts Cap Increase

Brown to Back Financial Overhaul Bill

Trades Ramping Up Efforts on MBL Amendment

MECU Pays Members $4.2 Million Bonus

Golden 1 Launches Apple Apps

Udall Uncertain If He'll Be Allowed to Offer MBL Cap Hike