MBL

Bigger credit unions present a formidable challenge for banks in areas such as business lending.

The credit union’s members want products to help with cash flow, working capital and business expansion

Lending -- and particularly member business lending -- in the two states continues to rise, according to new data.

The credit union has hosted its annual Business Summit for the last seven years, and the event continues to grow in popularity.

Well-known in the industry for its business lending prowess, Royal Credit Union was looking for a way to streamline its MBL process.

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

H.R. 3866 would remove veteran’s loans from the CU member business loan cap

Points about various exam and regulatory credit union issues were raised

The designation allows the $1 billion credit union to process SBA loans within 36 hours and to approve them without sending them to the agency first.

The National Association of Federally-Insured Credit Unions defended the credit union tax exemption and called for other financial reforms during a meeting Tuesday with Treasury Secretary Steven Mnuchin.

Natasha Merz, VP of commercial lending at Langley FCU, testified before a House small business subcommittee on ways Congress can help credit unions and the SBA better fulfill a common mission.

Four key areas examiners will be looking at related to the new rule that CUs should brush up on today.

To capitalize on the current market environment, CUs need a solid auto-decisioning strategy in place to manage the increased volume of MBL applications while mitigating risk and delivering top-notch service to members.

With new rules in place, experts offer tips on how to be the MVP of MBLs.

NCUA’s updated rule offers new freedom to grow but also comes with additional responsibilities. Here’s what some credit unions have learned in the first few months.

With their big-picture view across multiple portfolios, some CUSOs are reporting an increased appetite for business loans and participations.

The $1.2 billion-asset credit union was recently approved for conversion to a federal trade, industry and professional charter, making it the first firefighters’ credit union in the nation chartered specifically for business lending.

The $1.8 billion-asset institution converted to a federal charter out of a desire to broaden its member base and make member business loans.

Sens. Ron Wyden, D-Ore., Lisa Murkowski, R-Alaska, Elizabeth Warren, D-Mass., and Ed Markey, D-Mass., introduced a bill Wednesday that would allow credit unions to increase their business lending.

In addition to 11.5 percent loan growth and membership rising at its fastest rate since 1987, membership at Michigan's CUs is growing faster than the state's population.