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Kohl Introduces Measure to Encourage CUs and Banks to Make Small Loans

By Claude R. Marx

Credit unions and banks would be encouraged to make small loans to low-income consumers by the creation of a fund to help them recover the majority of a lost loan, under a bill introduced today by Sen. Herb Kohl (D-Wis.).

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Credit Union Card Performance a Highlight of Webinar

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Kanjorski Urges MBL Cap Hike to Be Included in Jobs Bill

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December 02, 2009

Michigan CU Renames Dividend 'Cash Rebate'

With the economic blight in Michigan, the $240 million OMNI Community, is using the year-end special dividend as a way to promote its own "Economic Stimulus Package" with a Jan. 8 payout of $750,000.

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December 02, 2009

Trades Rip NCUA for Budget Hike

The NCUA spends too much money.

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December 01, 2009

Wright-Patt CU Issues $4 Million Dividend

Members of Wright-Patt Credit Union will receive their share of a $4 million dividend in January.

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December 01, 2009

Filene Study: Bank Fees Hit the Low-Balance Customers Hardest

A recent study from the Filene Research Institute showed that the average annual cost of fees on bank checking accounts is more than twice as high as the annual cost of fees on credit union share draft

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December 01, 2009

Georgia Banks Still in the Doldrums

As Georgia's credit unions tout strong performance numbers, the state's banks are still experiencing losses, the FDIC recently reported.

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December 01, 2009

Holub, CEO of Missouri CUA, Retiring in a Year

Roshara Holub, the president/CEO of the Missouri Credit Union Association and the past chair of the American Association of Credit Union Leagues, is retiring in December 2010.

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December 01, 2009

New DR Software in Play at Park Community

A new disaster recovery solution from Double-Take Software of Southborough, Mass., is now in place at Park Community Federal Credit Union in Louisville, Ky.

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Top News Stories

Kohl Introduces Measure to Encourage CUs and Banks to Make Small Loans

Credit Union Card Performance a Highlight of Webinar

Kanjorski Urges MBL Cap Hike to Be Included in Jobs Bill

Recommended Just For You

News Stories

Michigan CU Renames Dividend &#039;Cash Rebate&#039;

Trades Rip NCUA for Budget Hike

Wright-Patt CU Issues $4 Million Dividend

Filene Study: Bank Fees Hit the Low-Balance Customers Hardest

Georgia Banks Still in the Doldrums

Holub, CEO of Missouri CUA, Retiring in a Year

New DR Software in Play at Park Community

Michigan CU Renames Dividend 'Cash Rebate'