For all the hits that some banks have received for scaling back their business lending efforts, they are the Small Business Administration’s most active 7(a) loan program lenders.
Columbia Credit Union, Vancouver, Wash., elected incumbents Phil Andrews, John Dingethal and Chuck McDonald to the board of directors, while Lowell McDougal and Martin Oreschnigg assumed roles on the supervisory committee.
Greylock Federal Credit Union, Pittsfield, Mass., announced the promotion of managers Matt Chaput, Janine Maschino and Victoria May. Chaput, who will
Some credit unions are still making small value, short term loans that they say are not payday loans, but really they still are, according to a report developed by the National Consumer Law Center.
While several credit unions were recently recognized by the SBA as top lenders in their respective states, banks were the winners of the national awards, the agency announced today.