Lending

Columbia Credit Union has become the No. 1 lender in Clark County, Wash., in both mortgages and vehicle loans.

Looking for a reason to get into non-auto vehicle lending? How about a 56% increase in RV ownership over the last 10 years?

Retail lending grew by $700,000 at San Antonio CU during April and it is now working toward a goal of $1 million per month in funded retail loans.

Navy FCU, one of the biggest mortgage lenders in the Washington, D.C., market, last week introduced new 3/5 and 5/5 conforming and jumbo ARMs for as low as 2.875%.

Fort Worth Community CU's decision to take its indirect auto lending program in-house-and to hire a finance person away from a local dealer-has helped fuel 25% loan growth year over year.

CMG Mortgage Insurance Company has introduced its Foreclosure Prevention Advance (FPA) program, through which the company will contribute funds to help keep credit union members in their homes.

CU Realty Services is using the occasion of its 10th anniversary to launch a long-awaited expansion campaign to increase the number of credit unions it serves.

Small business lending is slowing at banks, but not at credit unions according to a report that supports the need for the member business lending bill.

FORT COLLINS, Colo. -- The company behind the Old Town North mixed-use project in downtown Fort Collins filed for Chapter 7 bankruptcy last week, listing Public Service CU as its biggest creditor, being owed $2.6 million.

SIOUX FALLS, S.D. – Car-buyers lined up last weekend for Sioux Empire FCU’s "Black Saturday” promotion that offered buyers pre-approved loans for as low as 0.99%.

For the fourth consecutive year, Columbia Credit Union has been voted the "Best Financial Institution" in Clark, County Wash. by readers of The Columbia newspaper.

ALEXANDRIA, Va. – CommonWealthOne FCU has introduced private student loans using the Fynanz platform.

GREENWOOD VILLAGE, Colo. – Bellco CU has rolled out private student loans offered through CU Student Choice.

WASHINGTON – Long-term mortgage rates fell again this week for the sixth week in a row to new depths, as economic data continued to lag.

ATLANTA – Associated CU said it has signed with CU Student Choice to offer the CUSO’s private student loans.

VIENNA, Va. -- Navy FCU, one of the biggest mortgage lenders in the Washington, D.C., market, announced this morning the introduction of new 3/5 and 5/5 conforming and jumbo ARMs for as low as 2.875% (2.943% APR).

MENOMONIE, Wis. – WESTconsin CU has signed with Prime Alliance to use its prime+ cloud-based mortgage technology, which consolidates different lending platforms to one system.

LOS ANGELES – Los Angeles FCU has signed with Fynanz, Inc., to implement the company’s cuStudentLoans private loan program.

MANHATTAN BEACH, Calif. – Kinecta FCU rolled out a new price adjustment for agency loans, which will apply to loan applications locked on or after June 4.

CHICAGO-Older buyers are expected to dominate the bulk of auto sales this year, but the preferences of younger consumers are changing the car-buying process in major ways.