PHILADELPHIA - Credit unions don't have the experience to detect risks when it comes to member business loans, a recent editorial in the Philadelphia Business Journal said. "Most credit unions don't make any business loans now, so why loosen the 12.25 percent limit," read an editorial in the June 17...

MCLEAN, Va. - A new national survey from Capital One indicates that in the current rising interest rate market when dealer purchase incentives are declining, car buyers are focusing their attention more closely toward the financing arrangements for their vehicle purchases, compared to last year's buyers. They're also doing more...

FARMINGTON, Utah - The $78 million Horizon Credit Union here has joined the ranks of state-chartered CUs making the switch to a federal charter. Final regulatory clearance came June 16 from NCUA and state officials. Management of Horizon declined to discuss the reasons for the conversion stating only "the issues...

Volunteer Corporate Credit Union, Nashville, Tenn., has elected the following officers to its board: Blake Strickland chairman; Wayne Hope vice chairman; David Atkinson treasurer; and Karen Jordan secretary. Other current board directors include: Robert Arick, Wanda Mason, Dave Mullican, Rose Melton and Hank Flury. Oklahoma Federal Credit Union, has named...