Credit Union Times | Accurate and Timely CU News

Member Business Lending Originates 70% of CU SBA 7(a) Loans

By Michelle A. Samaad

Seventy percent of all credit union Small Business Administration 7(a) loans were originated by clients of Member Business Lending, LLC as of Aug. 31, a 14.1% increase from the previous reporting period, the CUSO said this week.

Read Story

News

NCUA Gives Southwest/Northwest Corporate Merger the Go Ahead

News

Michigan First, Other Industries Speak on Surviving State's Woes

Recommended Just For You

News Stories

September 27, 2007

NCUA Board Approves Two Large Community Charter Conversions

The NCUA Board unanimously approved community charters for two larger credit unions looking for room to grow.

Read

September 27, 2007

Final Member Access Rule Better After Industry Input, NCUA Board Says

The NCUA Board today approved a final rule regarding federal credit union member access to accounting books and records that retained much of the proposal but got a few tweaks to make it more balanced.

Read

September 27, 2007

Consumer Groups Point to Coming Military Lending Law

The federal law, which will prevent members of the military from being charged more than 36% for most sorts of loans, goes into effect on Monday and has earned the praise of three long-term opponents of payday lending.

Read

September 27, 2007

SBA Debuts Underserved Market Outreach Program

Credit unions and banks are being called on by the Small Business Administration to help provide capital to entrepreneurs in some of the country's most rural areas through a series of new programs.

Read

September 27, 2007

CMG Investment Advisory Services Now NAFCU Preferred Partner

NAFCU Services Corp. has added Investment Advisory Services from CUNA Mutual Group to the suite of solutions offered as part of the association's Preferred Partner program.

Read

September 26, 2007

SEC Aims to Expose Unregistered Soliciting Entities Online

The Securities and Exchange Commission is looking to expose the growing number of unregistered entities engaged in solicitations of securities transactions by posting complaints about such firms on the agency's Web site.

Read

September 26, 2007