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Friday, October 31, 2014
Notre Dame FCU Begins Offering SBA Loans
Notre Dame FCU in Notre Dame, Ind., has begun offering SBA commercial loans.
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WASHINGTON — NCUA and NAFCU say the Department of Defense's proposal to expand the list of credit products covered by the Military Lending Act's 36% rate cap could hurt credit unions and their members. more »
PHOENIX — Ask a simple question; get a phenomenal response. more »
MEDLEY, Fla. — With almost no public transportation in its service area, Compass Financial FCU realized it needed to do more than just give its members an auto loan. The CU also needed to help members keep their cars on the road. more »
BEAVERCREEK, Ohio — Though the refinance boom is over and several mortgage giants are reeling as originations decline, some credit unions are thriving as they tap into a new source — first-time home buyers. more »
RALEIGH, N.C. — Continuing its trend of red-letter-day loan promotions, ElecTel Cooperative FCU here is set to hold a limited time loan campaign tied to "International Talk Like A Pirate Day." more »
FERGUSON, Mo. — A family restaurant near the center of where much of the violence in this city has occurred is still open, thanks in part to a $5,000 0% loan from Alliance CU. more »
KENSINGTON, Md.—A partnership between Lafayette FCU and Hitachi Government Finance is providing the CU some new business lending benefits. more »
KENSINGTON, Md. — Lafayette Federal Credit Union has entered into a unique partnership with Hitachi Government Finance to drive the CU's commercial lending. more »
NEW YORK — Since his initial look at the risk-based capital proposal at the start of the year, Montauk Credit Union chief executive Louis Jimenez is breathing easier — but only a little. more »
SAINT JOSEPH, Mich. — Four years after launching its business lending program here, United Federal Credit Union has realized an asset under management per underwriter increase of more than 100%. more »
CARSON CITY, Nev. — After having its member business lending program sidelined by regulators in 2010, Greater Nevada CU is making a comeback, having increased its business lending portfolio by 115% over the past 18 months. more »
TALLAHASSEE, Fla. — As the NCUA mulls member business lending risk weights for its final risk-based capital rule, the head of one credit union service organization contends that the agency needs to consider weighting more by product type than percentage of the portfolio. more »
TAMPA, Fla. — GTE Financial has a new mobile application that lets members save cash, and with a few taps on their smart phones, apply that money to their credit union mortgage or auto loan. more »
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evolve FCU celebrates Int'l Credit Union Day
evolve FCU, El Paso, Texas, produced this video showing how they thanked their members on International Credit Union Day 2014.
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