News

The Small Business Administration said it is ready to get "much-needed capital" into the hands of small business owners.

In a move to free up more capital that it hopes will jumpstart the economy, the Obama administration today announced a program to increase the amount of small business loans made by credit unions and other lenders.

The California credit union that removed a controversial web ad suggesting its safety/soundness record was superior to competing CUs and banks decried "economic terrorism" Monday erecting a "no to bailout" sign in front of its main branch.

Federal Reserve Chairman Ben S. Bernanke said the current recession won't end until the financial system is stabilized, probably this year.

Mountain America Credit Union, the SBA's top credit union lender in the country, said it helped create 700 jobs in Utah last year.

A majority of credit unions support asking the government to make money available as a backup to the NCUA's deposit guarantee, according to a poll released today by CUNA.