Lending
More in Lending
ATLANTA – Strong demand for new cars has boosted consumer borrowing to its highest level since 2008, according to a new report from Equifax. more »
WASHINGTON – Two consumer advocacy groups are urging NCUA to crack down on nine credit unions that allegedly engage in usurious lending practices akin to payday lending. more »
PLEASANTON, Calif. – If lending trends are any indication, spring has definitely sprung, according to Ellie Mae’s “Origination Insight Report” for April. more »
HERSHEY, Penn. – Despite industry-wide numbers showing lending up at CUs and auto playing a big role, a number of credit unions in this state say it is tough to make car loans this year – even with one CU at .99%. more »
MADISON, Wis. – The choice of and loyalty to a specific auto lender is driven more by intangible loan factors, such as good service, ease of contacting the lender and lender responsiveness, than from more quantifiable loan factors, such as interest rates and down payment requirements, according to a new report from the Filene Research Institute. more »
NEW YORK – cuStudentLoans, a private student loan and private student loan consolidation program through a CUSO owned by 160 CUs, said it has developed a new private student loan refinancing program for joinStampede. more »
MADISON, Wis. – Credit unions are showing a “healthy” 5.2% annual growth in lending, according to analysis of Q1 data by CUNA Mutual Group’s Trends Report. more »
ONTARIO, Calif. – More credit union members, especially younger ones, are placing as much emphasis on convenience as rate when shopping for a car and closing the loan. more »
OLYMPIA, Wash. – Generations CU, in partnership with Thurston Energy, is buying down the interest rate on loans for qualifying home energy efficiency projects. more »
HERNDON, Va. – Northwest FCU is hailing a 14-year-old entrepreneur its youngest member to open a business account. The youngster started an ice cream franchise that has grown into a local rage, with a website, a menu of flavors and shelf space at neighborhood stores. more »
WASHINGTON – U.S. Senate FCU has chosen LendKey, known until recently as Fynanz, to provide it with a platform to offer private student loans and private student loan consolidations through its cuStudentLoans program. more »
SUITLAND, Md. – Andrews FCU has selected LendKey, known until recently as Fynanz, to provide it with a platform to offer private student loans and private student loan consolidations through its cuStudentLoans program. more »
EAST HARTFORD, Conn. – American Eagle FCU, the state’s second biggest credit union, said it is now longer offering member business loans because of inaction by Congress in increasing the MBL limit. more »
Social
Most Popular
