Lending

Data Storage Remedies May Be Coming

April 01, 2008
Data Storage Remedies May Be Coming April 1, 2008 By Vicky Franchino As the numerous data breach scandals of recent years prove, there's an epidemic of inappropriate data storage, and credit unions are paying the cost. Remedies and solutions could come from the major card companies and legislative changes: Payment... READ MORE

Bankruptcy Prevention by Committee

March 01, 2008
Bankruptcy Prevention by Committee March 1, 2008 For nearly 20 years, a group of Michigan credit unions has banded together to put on a free workshop each year to educate members about alternatives to bankruptcy, how to prevent mortgage foreclosure, and other matters, says Fran Gibelyou, branch manager for Family... READ MORE

Indirect Lending: Taking the Plunge

February 01, 2008
Indirect Lending: Taking the Plunge February 1, 2008 By Susi Bennett Credit unions typically have been associated more with direct automobile lending than with indirect lending. However, as nearly three-quarters of all automotive loans are indirect, credit unions risk not fully supporting their members if they don't participate in the... READ MORE

CU Lending in 2008: The Big Picture

January 01, 2008
CU Lending in 2008: The Big Picture January 1, 2008 By Jennifer Garrett Credit union lending looks generally weaker for 2008, says Mike Schenk, Credit Union National Association's (CUNA) vice president of economics and statistics. That's due to a weakening economy, including a weakening job market, increasing unemployment, and, consequently,... READ MORE

Zopa Launches U.S. Peer-to-Peer Lending Operation

January 01, 2008
Zopa Launches U.S. Peer-to-Peer Lending Operation January 1, 2008 Peer-to-peer (P2P) lending—which basically refers to people lending money to each other—is a way for people to share what for the past 50 years have been purely financial transactions, says Wade Lagrone, vice president of marketing at Zopa , an online... READ MORE

P2P Lending: Threat or Opportunity?

January 01, 2008
P2P Lending: Threat or Opportunity? January 1, 2008 By Beth Stetenfeld As social lending vendors emerge, CUs must learn how they work, why they're growing, and how to work with them. Yes, it's personal. In the 1946 movie, "It's a Wonderful Life," George Bailey emotionally describes loans made to community... READ MORE

Emergency Loans Rescue Members in Need

January 01, 2008
Emergency Loans Rescue Members in Need January 1, 2008 READ MORE

Spotlight: Richard Brandsma

January 01, 2008
Spotlight: Richard Brandsma January 1, 2008 Who: Richard C. (Rick) Brandsma What: President/CEO Where: Sound CU , Tacoma, Wash. Proactive lending and people skills pay off for Rick Brandsma, CEO of $362 million asset Sound CU, Tacoma, Wash. The credit union won CUNA Lending Council 2007 Excellence in Lending Awards... READ MORE

The Profitability of Data Accuracy

January 01, 2008
The Profitability of Data Accuracy January 1, 2008 By Jennifer Maisano The tides have changed over the last few years and you can either ride the wave or get stuck in the undertow. Consumers are bombarded daily with dozens of commercials advertising "know your credit score" and "obtain your free... READ MORE

Bring Indirect Members Into the Fold

January 01, 2008
Bring Indirect Members Into the Fold January 1, 2008 By Cathy Fleming Converting indirect loan applicants into active members isn't easy. But doing so is a great way to expand membership, credit union executives say. Seek Out Reputable Dealers Indirect lending is a higher-risk channel. Work with reputable dealers. Some... READ MORE
CU Mag cover July 2014

Credit Union Magazine

July 2014

What's Popular

Popular Stories

Recent Discussion

Your Say: What Are Your 2015 Tech Spending Plans?

View Results Poll Archive