Credit Union Times | Accurate and Timely CU News

Lenders Return to SBA

By Michelle A. Samaad

From Feb. 17 through May 1, 361 lenders that had not previously made a Small Business Administration loan since Oct. 2008 are now making 7(a) loans, the agency said. Of those lenders, 166 had not made a loan since at least 2007.

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Filene: Take Up Collaboration Before You Need to Man the Lifeboats

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Data Breaches Push Effort for More Secure End-to-End Encryption

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May 12, 2009

Western Leagues Move Toward Formal Merger

In a move reflecting continued economizing by the industry, the Colorado and Wyoming Credit Union Associations are making plans for a formal merger later this year as part of the ongoing consolidation trend among state leagues.

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May 12, 2009

Obama Administration to Unveil Regulations for Derivatives

Treasury Secretary Timothy Geithner today plans to announce a proposal to regulate derivatives, which were a key cause of the financial crisis.

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May 12, 2009

South Carolina FCU Announces Winner of Young & Free Spokesperson Contest

The third credit union to implement the Gen Y-targeted Young & Free marketing campaign has announced the winner of its spokesperson search.

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May 12, 2009

Arizona CUSO Encourages Members to Go Online to Plan 4 Tomorrow

Even though the average age of members at Altier Credit Union is between 45 and 65, the financial institution is banking on a new online solution to make 20

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May 12, 2009

NCUA to Focus on Corporate Liquidity

The liquidity situation at corporate credit unions will be the NCUA's focus when it examines possible changes in the Temporary Corporate Credit Union Liquidity Guarantee Program at its meeting on May 20.

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May 12, 2009

CUs Field Their Cooperative Roots After Shanghai Surprise

Two credit unions and a stranded CU member recently discovered just how personal the people helping people part of the credit union philosophy could be.

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May 11, 2009