News

SELCO Member Business Services has hired two former bankers from the same bank to oversee the CUSO's SBA lending division and to manage existing loans and develop new relationships.

RTE Financial Services, a reseller of Web-based software, has aligned with business services CUSO Small Business America in a promotion and marketing pact.

This year, corporate credit union annual meetings included more than just the usual financial reporting and refreshments. Many corporate members were discussing their cooperative's fate in a changing landscape.

The Michigan Credit Union League is backing a major effort to communicate the benefits of joining a credit union.

Sperry Associates FCU must submit a net worth restoration plan, charge off $3.1 million in loans and get an outside analysis of its structured securities as part of a letter of understanding and agreement.

Though the economy is recovering and the labor market is improving, the economy is still hurt by high unemployment and modest income growth.