News

LAS VEGAS -- Seeking to build safe loan business among independent auto dealers, Credit Union Direct Lending Corp. said Friday it is ready to roll out its financial package next month under a linkup with a unit of Manheim, the Atlanta vehicle remarketing firm.

EUGENE, Ore. -- SELCO Community Credit Union said it received more than 2,500 online votes and handed out $11,000 in cash prizes as it wrapped up its "Your Big Break" do-it-yourself commercial contest.

LAS VEGAS -- The falloff in auto lending may be putting credit unions into a funk but changes in some CU methods can help turn things around, in the view of Tony Boutelle, president/CEO of Credit Union Direct Lending Corp.

WASHINGTON -- Federal credit unions would be allowed to apply to serve underserved areas and loans in those communities and to religious non-profit institutions would not count against their member business loan cap, as a result of a compromise regulatory reform bill introduced last night in the House.

CHICAGO -- Despite the ongoing mortgage crisis, a survey of credit card lending from one of the three big credit reporting bureaus found that credit card delinquency dropped in the first quarter of 2008.

HOBOKEN, N.J. -- Due to Internet connectivity improvements the Credit Union Times Web site will be down from 10 p.m. to 3 a.m. on Friday, June 20th .