Chartered for the Purpose of Making Member Business Loans "Credit News 24"

The National Credit Union Administration's Office of Consumer Financial Protection and Access is providing guidance to insured credit un...

Report: CU Business Loans Have Grown Rapidly in Post-Recession Period "Credit News 24"

The Federal Reserve reported that small loans to businesses have grown rapidly in the the post-recession period, according to a Report to th...

Bethpage FCU Provides $20 Million Loan for Staten Island Shopping Center "Credit News 24"

Bethpage Federal Credit Union provided $20 million refinancing loan to Staten Island Expressway Plaza shopping center. The loan is for seven...

Bill Would Exclude Business Loans to Vets from MBL Cap "Credit News 24"

Legislation (H.R. 3866) was introduced on September 28 to amend the Federal Credit Union Act by excluding extensions of credit made to veter...

Tech CU Funds $3 Million Commercial Real Estate Loan "Credit News 24"

Technology Credit Union (San Jose, CA) on September 5 announced that it was originating a $3 million commercial real estate loan. The loan w...

Fox Communities CU Receives Waivers for Financing Exposition Center "Credit News 24"

The Wisconsin Office of Credit Unions on August 17, 2018 granted a waiver to Fox Communities Credit Union (Appleton, WI) with regard to cons...

CU Business Lending Posted Robust Growth in the Second Quarter "Credit News 24"

The National Credit Union Administration (NCUA) is reporting strong business lending growth at federally insured credit unions during the se...

Firefighters First Switches to Federal Charter and Federal Insurance, Exempted from MBL Cap "Credit News 24"

The National Credit Union Administration (NCUA) has granted a federal charter and federal share insurance coverage to Firefighters First Fed...