Lending

On Jun. 30, 2018. Dollars in thousands.

A growing number of credit unions are buying loan participations, but smaller shops may not have the expertise needed to share the wealth and the risks.

The purchase of Michigan-based Compliance Systems Inc. is intended to better help credit unions stay on top of regulatory changes.

Loan growth in both states exceeded the national average through the first half of the year, along with improvements in delinquencies and average assets.

If the predictions prove correct, the benchmark rate would reach 3.50% by the end of next year.

The Wisconsin-based institution has seen a 10 percent boost in loan volumes since implementing a new e-docs platform last year.

On Jun. 30, 2018. Dollars in thousands.

A credit-builder loan at Virginia-based The Partnership Federal Credit Union wasn't meeting the needs of as many members as it could. Here's how the CU fixed that problem.

The Madrid-based personal financial management provider Fintonic has partnered with Amazon to offer its Spanish customers a zero percent installment loan for purchases made on Amazon.es.

PayPal co-founder Max Levchin has built a $1.8 billion business offering installment plans to American consumers. The problem: most shoppers have no idea they’re using his company, Affirm, when they choose how to pay at checkout.

Year to date Jun. 30, 2018. Dollars in thousands.

The state's Q3 numbers show a continuation of positive trends for Wisconsin's state-chartered credit unions.

Approval rates are ticking up, but credit unions still have a long way to go before they get back to where they were in 2011.

The lawsuit comes as the $188 milion-asset institution faces backlash from a high-profile national news story that portrayed its business practices negatively.

Credit unions have benefited from record car sales in recent years. But changing customer behavior and a new form of fraud could prove difficult headwinds to overcome in this area.

The new partnership aims to make it easier for consumers to get small-dollar, short-term loans from credit unions.

Taxi medallion loans are going nowhere fast, but loans to drivers for ride-hailing services like Uber could help replace some of those losses on credit union lending portfolios.

The program will focus on increasing lending to small and medium enterprises in Guatemala, Burkina Faso and Kenya.

The Federal Housing Finance Agency, Fannie Mae and Freddie Mac have launched an online clearinghouse with resources to assist lenders in serving borrowers with limited English proficiency.

The regulator's latest Quarterly Map Review shows credit unions' good run continuing, but some states remain stuck in a rut.