MBL

There are opportunities to make loans for strip malls and regional distribution centers but executives need to put the right risk management in place.

William Mellin will serve as a lending institution representative on the task force, which will evaluate the evolution of the taxi medallion industry.

Credit unions often tout their member-friendly nature but recent coverage of how the movement handled taxi medallion loans could open the industry up to a reputational hit.

At a Senate Banking hearing focusing primarily on predatory lending practices, NCUA Chairman Rodney Hood offered insight into the agency's priorities under his leadership.

The bipartisan bill, praised by credit union trade groups, is the top 2019 legislative priority for the Defense Credit Union Council.

Credit unions in those two states also posted double-digit growth in total loans and recorded lower delinquency rates.

New data from the League of Southeastern Credit Unions sees CUs in the two states exceeding national averages in a number of growth metrics.

During the National Credit Union Administration's monthly meeting on Thursday, Chairman J. Mark McWatters noted that the agency was making progress on hiring more women and minorities.

The credit union stalwart purchased Mirador, which is heavily dependent on bank relationships. The challenge now is keeping those clients in the fold.

Organizers of the credit union believe there is a funding gap in the state for agriculture and want to fill the void.

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

Credit unions in the Great Lakes State continued to add members in Q2 while a variety of loan types saw double-digit growth.

Net income up is up for the industry on average, but the number of federally insured credit unions has dropped to 5,480.

At the recent CU Leadership Conference in Las Vegas, credit union representatives offered their ideas for the next round of reg relief.

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

Member Business Lending is a Utah-based provider of commercial, small business lending origination for credit unions.

Bankers would be better off cleaning their own houses and focusing on deregulation efforts, instead of going after credit unions, suggests NAFCU's Carrie Hunt.

The revisions – approved by a May 30 notation vote – could ease the burden for credit unions approaching the MBL cap.

With President Trump signing the regulatory relief bill into law on Thursday, credit unions expect to see a host of benefits, including changes to MBL regs, HMDA exemptions, changes to the QM rule and more.

The most common credit union mergers involve a small credit union being acquired by a much larger one, but that could be changing, as three recent deals involving credit unions with more than $300 million in assets as the ones being merged out.