News

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 .

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 .

DUBUQUE, Iowa -- Iowa credit unions, assessing the economic fallout from property damage and job loss on loan portfolios from the calamitous flooding, have started touching base with their Louisiana and Mississippi counterparts for 'Katrina' guidance, the vice chairman of the Iowa Credit Union League said Thursday.

WASHINGTON -- In just under a year's time, the Small Business Administration's Patriot Express pilot loan initiative has approved more than $150 million in loan guarantees to nearly 1,500 veterans and their spouses, the agency said.