News

The SBA's preferred lender program has added the $315 million USC Credit Union to its ranks.

Corporate Central Credit Union closed its PIC-50 offering July 31 with more than $47 million converted to PIC from member capital shares.

Small business lender CIT Group Inc. recently announced that it will suspend dividend payments on some of its stock to improve liquidity, preserve capital and thwart bankruptcy.

Unable to achieve scale, the $14.5 billion Vancity Credit Union said it has sold the majority of its retail loans offered through its online banking division after the service failed to take off.

The $480 million Water and Power Community Credit Union, headquartered in Los Angeles, has moved

The provisions of the new law and regulations on consumer credit are summarized in a regulatory alert issued by the NCUA.