Lending

The House-passed tax bill would eliminate the New Markets Tax Credit while the Senate bill would not reauthorize it when it expires in two years. Bankers and other proponents say that if it is discontinued many economic development projects in rural and low-income communities won’t be funded.

Credit unions have a long history of serving immigrants and other underserved populations, but meeting the unique challenge of complying with Shariah law is no mean feat.

The CUSO has added a quartet of new credit unions to its ranks in order to help them focus on improving mortgage lending operations.

On Jun. 30, 2017. Dollars in thousands.

The awards were handed out during the council's annual conference.

Community banks are spending on technology to expand without having to build new branches.

A new partnership from two of the nation's largest CUSOs will give more credit unions the opportunity to use the Lending 360 loan origination system.

With the addition of seven new credit union partners, CU Direct's Lending 360 platform now has more than 100 institutions using it.

Greater Nevada Credit Union’s small business lending program has been showered with awards, including a CUJ Best Practices honor.

With a two-pronged approach, Advantage One Credit Union has helped members manage their financial well-being and gain access to low-interest loans, all while growing the credit union’s bottom line.

What members saw as a confusing inconvenience now is quick and easy, and applications are soaring.

Credit unions that aren't using the right loan origination system could be losing out on valuable opportunities.

Best Practices Awards offer a wealth of field-tested ideas to improve your credit union.

Oregon-based CU increased its loan portfolio by $40 million, membership continues climb.

An increase in corporate loans, the highest lending margin in four and a half years and record profit in asset management helped the lender top analysts’ estimates and offset trading and other challenges.

While social media is helping get younger members in the door, observers say credit unions won't get far without the right mix of products and services for millennials.

Overall lending at CUs in the Great Lakes State is up by 11 percent, with member business loans and auto loans leading the way.

Coastal Federal Credit Union became the first-ever third-party lender for Wake County Habitat for Humanity.

On June 30, 2017. Dollars in thousands.

Delinquency rate holds steady, number of credit unions drops again.