News

To help small businesses obtain financing to which they might not otherwise have access, two New Jersey credit unions have linked up with a new program to help out.

Members of Baker Federal Credit Union will soon be able to simultaneously get some extra money to tide them over and save for a rainy day.

New Horizons Community Credit Union, the Denver CU that fell victim to construction loan losses and Centrix Financial delinquencies, is going on the auction block in a purchase- assumption deal ordered by the state's top regulator. The $180 million New Horizons, whose dire financial plight last April triggered a state...

Describing a recent New York Times article as "inaccurate" and "unnecessarily alarmist," Small Business Administrator Steven Preston wrote a letter to the publication expressing his dismay on coverage of the agency's disaster assistance loan program.

The 115,000 members of the $1.5 billion Tower Federal Credit Union, headquartered in Laurel, Md., don't have to wait very long for their new credit and debit cards.

Several large credit unions adopted a number of underserved areas late last year.