Some large banks, defined as those with assets greater than $20 billion, have reported easing their commercial loan terms to businesses, the latest Federal Reserve Board senior bank officer survey revealed.
CUNA and NAFCU both complained about the exclusion of credit unions from President Obama's proposed $30 billion program to provide capital for community banks.
Credit Union Liquidity Services LLC, previously known as Texans Commercial Capital, has been awarded more than $40 million in a suit involving a defaulted Illinois property loan, according to Texans Credit Union.
Bucks First Federal Credit Union was the winner of a free commercial that will launch online tomorrow as part of a campaign to promote small local businesses.
