News

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...

MERRIFIELD, Va. - When it comes to its business services division, Navy Federal Credit Union isn't of the ilk that competitive rates are what will always bring members in the door and keep them there.

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