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Superior Community CU helps `jump start' auto loans to poor

By Michelle A. Samaad

SUPERIOR, Wis. - For some poor parents, having a reliable car means being able to drop their children off at school or daycare so that they can go to work and stay employed. But often, spotty credit history and the inability to afford monthly payments are the biggest hurdles to...

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October 30, 2001

Educational Employees CU FOM expansion appeal briefing set

JEFFERSON CITY, Mo. - The Credit Union Commission has scheduled November 28 for the briefing of the Missouri Bankers Association's appeal of the director of credit unions' field of membership expansion approval for Educational Employees Credit Union in Bridgeton. Director John Smith approval of EECU's application to expand its FOM...

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October 30, 2001

Corpus Christi Area Teachers, now a SCCU, applies to expand FOM geographically

aCORPUS CHRISTI, Texas - Just a few weeks after it was approved to convert from a federal to a state charter, Corpus Christi CU has filed an application with the state Credit Union Division to expand its field-of-membership to include five counties with a total population of nearly 475,000. The...

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October 30, 2001

Realtors exchange reduced commissions for qualified CU member homebuyers

HOUSTON, Texas - R-E-S-P-E-C-T. Credit unions still don't get as much of it as they deserve when it comes to mortgage lending. Whether they've been burned in the past when credit unions were less experienced in the mortgage lending arena or whether they're simply creatures of habit in referring business...

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October 30, 2001

Ohio CUs set sights on business accounts

COLUMBUS, Ohio - Ohio CUs are putting together a member business services guide to assist CUs that want to expand their services to businesses. The Member Business Services Task Force of the OCUL Service Corp. was established earlier this year. "We're responding to credit unions feeling the need to get...

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October 30, 2001

Hopewell FCU newest credit union to partner with Irwin Mortgage

HEATH, Ohio and INDIANAPOLIS - Hopewell FCU has joined the list of nearly 15 CUs in five states that have partnerships with Irwin Mortgage Corp. for the company to process, close and service first mortgages for the CU's members. Irwin Mortgage has relationships with CUs in Pennsylvania, Ohio, Michigan, Indiana...

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October 30, 2001

Members paying off credit union loans with bank-approved home equity lonas

PHILLIPSBURG, N.J. - Lower mortgage rates might be good news for consumers, but small credit unions that don't offer first mortgages are meeting the news with grimaces. It wasn't the loss of first mortgage business that had Susan Rodriguez, CEO of $23 million Baker FCU worried, it was the first...

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October 30, 2001

NAFCU: CUs' mortgage portfolios, lending practices holding up in soft economy

ARLINGTON, Va. - Despite economic uncertainties and domestic and world events, an attractive interest rate environment is continuing to spur strong demand for credit union real estate loan products. Not only that, says NAFCU's October 2001 Flash Report, credit unions as a result of board limitations on real estate loan...

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Top News Stories

Superior Community CU helps `jump start' auto loans to poor

CUSO Compromise

Special Report: Mortgages/Lending/Member Business Loans

Recommended Just For You

News Stories

Educational Employees CU FOM expansion appeal briefing set

Corpus Christi Area Teachers, now a SCCU, applies to expand FOM geographically

Realtors exchange reduced commissions for qualified CU member homebuyers

Ohio CUs set sights on business accounts

Hopewell FCU newest credit union to partner with Irwin Mortgage

Members paying off credit union loans with bank-approved home equity lonas

NAFCU: CUs' mortgage portfolios, lending practices holding up in soft economy