Lending

Instant-Issue Cards Add Convenience

October 01, 2007
Instant-Issue Cards Add Convenience October 1, 2007 In today's fast-track culture, people remain on the lookout for products or services that streamline their lives. Instant-issuance technology for debit, ATM, credit, and prepaid cards has gained its share of attention in the past few years, and with good reason. Financial institutions... READ MORE

Members Go For Gift Cards

October 01, 2007
Members Go For Gift Cards October 1, 2007 By Cathy Fleming Gift cards might not be big money-makers for credit unions. But members like the convenience the cards provide, and credit union executives find value in adding the cards to their product lineup. Sarah Canepa Bang, CEO of Financial Service... READ MORE

Emerging Lending Trends & Innovations

August 01, 2007
Emerging Lending Trends & Innovations August 1, 2007 By Steve Rodgers "Credit unions are becoming more discriminating in the business loans they make," Keith Reynolds, vice president of lending and business services at $3.1 billion asset CEFCU , Peoria, Ill., told attendees during the Credit Union National Association's America's Credit... READ MORE

Card Security: Protect Data as if it Were Cash

August 01, 2007
Card Security: Protect Data as if it Were Cash August 1, 2007 By Andre Muscat The theft of more than 45 million credit/debit card details and 455,000 merchandise records from TJX Co.s Inc. over an 18-month period was one of the worst security breaches to hit the headlines this year.... READ MORE

Riding Out the Storm

August 01, 2007
Riding Out the Storm August 1, 2007 By Dianne Molvig On June 14, 2007, $1 billion asset Landmark Credit Union , New Berlin, Wis., closed its first Rescue Refi mortgage. After the closing, the borrower wrote to the credit union to express her gratitude. "I'm thankful to Landmark," she wrote,... READ MORE

LGFCU Helps Subprime Lending Victims

August 01, 2007
LGFCU Helps Subprime Lending Victims August 1, 2007 In light of the troubling subprime mortgage loan environment, $660 million asset Local Government Federal Credit Union , Raleigh, N.C., is taking steps to identify members that may be potential targets and victims of subprime lending. On June 25, LGFCU began mailing... READ MORE

CUs and Social Lending: Make Banking About Sharing

July 01, 2007
CUs and Social Lending: Make Banking About Sharing July 1, 2007 By Bill Merrick Want to attract young members? Take a lesson from MySpace . The social networking site provides valuable insights into young adult consumers and how credit unions might approach this market, according to Zopa's Wade Lagrone, vice... READ MORE

CU Mortgage Leader Shares Strategies

July 01, 2007
CU Mortgage Leader Shares Strategies July 1, 2007 Readers of The Oakland Press named $604 million asset T&C Federal Credit Union , Bloomfield Hills, Mich., the "Best Mortgage Lender" in Oakland County. T&C Federal's Jerry McIlrath, vice president, and Jennifer Nepjuk, mortgage manager, detail their successful mortgage strategies. What's your... READ MORE

The Five P's of Business Lending

June 01, 2007
The Five P's of Business Lending June 1, 2007 By Arnold Altman Entrepreneurs, at some point in the lives of their businesses, may have trouble paying bills. Or they realize a lack of capital limits their ability to grow. They believe a loan will resolve these issues. More often than... READ MORE

Convert Your Indirect Members: 10 Lessons

June 01, 2007
Convert Your Indirect Members: 10 Lessons June 1, 2007 By Jim Jerving Converting the indirect member into an active member is considered by many lenders a fool errand doomed to failure. Although few financial institutions have succeeded in this mission, some are achieving a measure of achievement. According to "Converting... READ MORE

What's Popular

Popular Stories

Recent Discussion

Your Say: Does Your CU Offer Subprime Loans?

View Results Poll Archive