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Competition Heats Up for Small Business Market

By Staff Writer

WASHINGTON - If credit unions have been sensing that competition for the small business market has increased, their suspicions aren't wrong. A study released by the National Federation of Independent Business (NFIB), "Credit, Banks and Small Business - The New Century" found that 42% of surveyed small-business owners believe competition...

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CUNA Issues "Call to Action" on Web Site for Credit Unions to Comment on Proposed MBL Rule

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April 15, 2003

SBA Small Business Lending Companies

WASHINGTON - Newtek Small Business Finance, the small business lender of Newtek Business Services Inc., is one of only 14 companies in the U.S. that is authorized by the SBA as a Small Business Lending Company. An SBLC is a non-depository institution licensed and regulated by the SBA to make...

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April 15, 2003

SBA-Backed Loans Up Sharply in 2003

WASHINGTON - The number of small businesses that received loans backed by the SBA through the first two quarters of FY 2003 was up by more than 35%, compared to the same period the previous year. According to the SBA, the most significant increases came from loans to minorities, women,...

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April 15, 2003

Workers' Injuries Top Concern of Small Businesses

HARTFORD, Conn. - Worker injury is a top concern of many small business owners, a survey by The Hartford Financial Services Group shows. The study showed that when it comes to situations covered by insurance, three out of four businesses with up to 500 employees are either worried or very...

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April 15, 2003

Member Business Lending Veteran St. Mary's Bank Shares MBL Advice with Newcomers

MANCHESTER, N.H. - Long before most credit unions ever heard the phrase `member business lending' or NCUA had a regulation on the product, New Hampshire's credit union code allowed state-chartered credit union to offer member business loans. What can other credit unions considering venturing into MBL territory learn from their...

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April 08, 2003

Triple DES Ready?

Are credit union ATMs ready for Triple DES? It may have snuck up on some of them. See story page 22.

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April 08, 2003

Special Report: Fraud

In the fraud special report on pages 18 to 21, find out how some credit unions are handling robberies and teaming up to fight fraud.

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April 08, 2003

FRAUD FAST FACTS

A recent Accenture survey finds that nearly one in four adults believe that insurance fraud is acceptable. In addition, the majority of respondents agreed that people are more likely to commit insurance fraud during an economic downturn. Here are some of the reasons that people commit insurance fraud and the...

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Top News Stories

Competition Heats Up for Small Business Market

CUNA Issues "Call to Action" on Web Site for Credit Unions to Comment on Proposed MBL Rule

Actors FCU MBLs Give Performing Artists Chance to Promote their Talents

Recommended Just For You

News Stories

SBA Small Business Lending Companies

SBA-Backed Loans Up Sharply in 2003

Workers' Injuries Top Concern of Small Businesses

Member Business Lending Veteran St. Mary's Bank Shares MBL Advice with Newcomers

Triple DES Ready?

Special Report: Fraud

FRAUD FAST FACTS