Lending

The Denver bank had spent the last two-plus years addressing concerns about capital and underwriting procedures.

At its February meeting, the NCUA Board approved a routine measure to reauthorize an 18% interest rate cap on loans, but suggested that it’s time for Congress to make some changes.

On Sept. 30, 2016. Dollars in thousands.

On Sept. 30, 2016. Dollars in thousands

One of the root problems of investing disparities is lack of diversity among those who make investment decisions. Here’s how to change the dynamic.

After losing nearly $99 million in 2016 and delinquencies going through the roof, the taxi medallion-lending credit union has entered conservatorship.

Changes in the housing market are creating new opportunities and challenges for credit unions, including how they market themselves to potential borrowers.

Corporate borrowers aren’t ready just yet to pull the trigger on multimillion-dollar loans to buy fleets of trucks or scads of new inventory despite excitement about a more business-friendly Washington, lenders cautioned.

Many CUs offer loan programs to help immigrants afford American citizenship, but the president's controversial executive order has raised plenty of questions about how those programs may be impacted – including whether or not some might see a boost.

The study revealed overwhelming majorities of consumers are worried about their debt levels and not planning on any major borrowing for at least six months.