News

The bread and butter for some credit union business lending programs are tied to unique offerings such as taxicab medallions, crops and agricultural equipment helping to create a "built-in competitive advantage in making these types of loans and unlocking the wealth contained in certain assets," according to a new report.

When it comes to attracting small business owners with higher net worth, credit unions are more than holding their own when compared to larger banks.

After months of anticipation, the latest significant expansion of nationwide shared branching has come online.

Another former credit union has notified the U.S. Securities and Exchange Commission that it intends to reorganize itself into a mutual holding company and to issue stock.

Bloggers were still having a field day last week both praising and taking pot shots at Bellco Credit Union's now controversial "Don't Let Your Money Head to Texas" ad campaign aimed at wooing former members of the defunct New Horizons Community Credit Union.

When the Securities and Exchange Commission voted on Sept. 21 to approve a rule that would allow banks to continue with certain brokerage activities without having to register with the agency, it looked like credit unions were overlooked.