From collateral alternatives to questioning if there is a "magic formula" to determine loan approval, Phil Bryan, senior vice president of retail and lending at Metro Credit Union, shared his insights during a Twitter town hall this afternoon.

A CUSO that purchases nonperforming loans may restructure delinquent debt it owns, so long as the credit union made the original underwriting decision and no new credit is being extended to the borrower, the NCUA recently clarified.

The Winthrop Rockefeller Foundation has approved a $250,000 deposit into the $117 million Hope Community Credit Union.

CO-OP Shared Branching, the shared branching arm of CO-OP Financial Services, has added 264 shared branch locations since the first of the year, CO-OP has announced.