News

Prior to the House adjourning for the August recess July 29, the Senate agreed to just one of the provisions in the financial services regulatory relief proffer sent over by the House. The House proffer included a number of provisions requested to be inserted into the Senate bill that contains...

Credit union conversions to noncredit union, mutual charters continue to make headlines, but interestingly less than half of the conversions over the last 11 years have involved state-chartered credit unions. But how complicated would it be if a state-chartered credit union wanted to convert to another type of financial? According...

Credit unions are slowly but surely becoming a factor in the small business market. Read all about it in the special report on pages 20-24.

Turn to page 16 for reader feedback on Credit Union Times' latest online voting poll that focuses on credit cards. What has everyone so fired up?

BOSTON - Just 8% of all credit unions currently offer commercial mortgages, but that percentage is expected to increase to 18% by 2009, according to a new report from Aite Group.

BROOKFIELD, Wis. - When it comes to capturing the small business market, Mark Sievewright says credit unions should get GLAD.

WASHINGTON - A Small Business Administration loan program designed to help small businesses hurt by the Sept. 11 terrorist attacks continues to be criticized for its lack of documentation proving that beneficiaries were actually entitled to funding.

WASHINGTON - As the Small Business Administration enters a new era with a new administrator, credit unions continue to join the agency's flagship 7(a) loan program. As of May, 308 credit unions are 7(a) lenders, according to SBA data. The loan program has a maximum loan amount of $2 million...