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Trading Stuffy for Creative Efficient Spaces in CU Board Rooms

By Myriam DiGiovanni

WEST PALM BEACH, Fla. - Forget about the big bulky desk and a slide projector - more credit unions are busy revamping and redefining what boardrooms will be. "It is important to align the operational strategy with the branch growth when planning the branches," said Paul Seibert principal of the...

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April 15, 2003

Competition Heats Up for Small Business Market

WASHINGTON - If credit unions have been sensing that competition for the small business market has increased, their suspicions aren't wrong. A study released by the National Federation of Independent Business (NFIB), "Credit, Banks and Small Business - The New Century" found that 42% of surveyed small-business owners believe competition...

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April 15, 2003

CUNA Issues "Call to Action" on Web Site for Credit Unions to Comment on Proposed MBL Rule

WASHINGTON - With the 30-day clock ticking on the comment period for NCUA's proposal to ease its member business lending regulation, CUNA wants to make sure credit unions can easily voice their opinions. The association has set up its "Operation Comment" system to facilitate this. Its Web site now features...

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April 15, 2003

Actors FCU MBLs Give Performing Artists Chance to Promote their Talents

NEW YORK - With nearly 15,000 members who work or are affiliated with the Broadway theatre and entertainment community, Actors FCU is accustomed to processing loans for purposes a bit off the beaten path from what most credit unions are used to handling. So when one its members who worked...

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April 15, 2003

SBA Small Business Lending Companies

WASHINGTON - Newtek Small Business Finance, the small business lender of Newtek Business Services Inc., is one of only 14 companies in the U.S. that is authorized by the SBA as a Small Business Lending Company. An SBLC is a non-depository institution licensed and regulated by the SBA to make...

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April 15, 2003

SBA-Backed Loans Up Sharply in 2003

WASHINGTON - The number of small businesses that received loans backed by the SBA through the first two quarters of FY 2003 was up by more than 35%, compared to the same period the previous year. According to the SBA, the most significant increases came from loans to minorities, women,...

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April 15, 2003

Workers' Injuries Top Concern of Small Businesses

HARTFORD, Conn. - Worker injury is a top concern of many small business owners, a survey by The Hartford Financial Services Group shows. The study showed that when it comes to situations covered by insurance, three out of four businesses with up to 500 employees are either worried or very...

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April 15, 2003

Member Business Lending Veteran St. Mary's Bank Shares MBL Advice with Newcomers

MANCHESTER, N.H. - Long before most credit unions ever heard the phrase `member business lending' or NCUA had a regulation on the product, New Hampshire's credit union code allowed state-chartered credit union to offer member business loans. What can other credit unions considering venturing into MBL territory learn from their...

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Top News Stories

Trading Stuffy for Creative Efficient Spaces in CU Board Rooms

Private Spat

Special Report: MBLs/Small Business

Recommended Just For You

News Stories

Competition Heats Up for Small Business Market

CUNA Issues "Call to Action" on Web Site for Credit Unions to Comment on Proposed MBL Rule

Actors FCU MBLs Give Performing Artists Chance to Promote their Talents

SBA Small Business Lending Companies

SBA-Backed Loans Up Sharply in 2003

Workers' Injuries Top Concern of Small Businesses

Member Business Lending Veteran St. Mary's Bank Shares MBL Advice with Newcomers