Lending

The growing asset-backed securities market could soon open up new opportunities for your credit union.

The Los Angeles company, which focuses on Korean-Americans, aims to raise $50 million.

With an average of 2,600 new members joining each month, the Huntsville, Ala.-based credit union recently earned a Credit Union of the Year honor from NAFCU.

The acquirer OLB Group is positioning itself as a data steward for a future in which merchants will have predictive data to inform decisions on financing.

The Minnesota company's profits rose by double digits despite some challenges in the second quarter, and its CEO says it will be expanding its digital offerings to simplify banking for customers.

Credit unions in the Silver and Golden states saw strong increases in growth and deposits during the first quarter of 2018.

The Greenbelt, Md.-based credit union reached the $1 billion mark after recording nearly $4 million in net income for 2017.

Credit unions have seen massive gains in auto lending in recent years, but one analyst fears CUs may be too focused on that and losing share of wallet elsewhere as a result.

The Albany, N.Y. based credit union announced the program just in time for the Fourth of July.

Northwest Bancshares in Pennsylvania, which built a reputation as an active acquirer, is taking a step back under Ronald Seiffert to evaluate ways to grow without M&A.