News

Credit unions continue to form partnerships to enter the business services arena. Read about that and other related business news in the special report on pages 22-27.

NCUA Director of External Affairs Nicholas Owens is leaving NCUA for another political appointment. Read all about this dedicated public servant on page 20.

FITCHBURG, Mass. -How small businesses fare is one of the predictors of how jobs will help boost growth within the Central Massachusetts region. Frederick Healey, president/CEO of $524 million Workers' Credit Union, said in a March 21 article on Sentinel and Enterprise.com's Web site that he expects the continued development...

WASHINGTON - While calling the SBA budget "generally sound and reasonable," House Small Business Committee Chairman Don Manzullo (R-Ill.) expressed opposition to President Bush's proposal to increase the agency's loan guarantee fees to cover administrative costs. At a March 15 committee hearing on the SBA's fiscal 2007 Budget and Reauthorization...

DURHAM, N.C. - Self-Help Credit Union is not surprised at the growing number of Hispanic-owned businesses in North Carolina. The $242 million credit union was responding to a new survey from the U.S. Census Bureau that showed the number of Hispanic-owned companies in North Carolina grew 24% and generated more...

CHATSWORTH, Calif. - Telesis Community Credit Union is considered by many in the industry to be one of the veterans of business lending. The $576 million CU recently provided a snapshot to House Small Business Committee's Tax, Finance and Exports Subcommittee on the types of SBA 7(a) loans it has...