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Royce Reintroduces CU MBL Bill

Bipartisan bill would help CUs lend an additional $13 billion to small businesses.
February 14, 2013
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Last year, MBL legislation had strong bipartisan support with 144 co-sponsors in the House and 21 in the Senate.
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Eight Thriving Cottage Industries

Their growth potential makes them prime lending candidates for CUs.
January 11, 2013
Agata Kaczanowska
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Cottage industries—businesses that can be started by individuals in their homes—present major lending opportunities for CUs.
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America's CU Conference
America's CU Conference

Small CU Roundtable Meets at ACUC

Group discusses compliance burden and the importance of collaboration.
June 18, 2012
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Small CU professionals kick off the 2012 America’s Credit Union Conference Sunday afternoon.
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Small business
Latino CU Conference

Serving Small Biz Important to Latino CUs

CUs are a key source of business loans for Hispanic small businesses.
June 17, 2012
2 Comments
Sixty percent of small businesses can’t get needed credit.
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Bill Cheney

Cheney: Act Now on MBL Bill

Vote on CU Small Business Jobs Bill could come as soon as the third week of April.
April 16, 2012
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Congress is on recess this week and next, providing a great opportunity to encourage senators to support this legislation.
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Steve Chabot

Chabot Promotes MBL Bill Despite Banker Objections

‘The banks hate it, but I hope we’ll get it done.’
March 21, 2012
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Ohio republican shares fears about divided government, huge deficits, and the economy.
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2012 Governmental Affairs Conference

Small CU Roundtable Highlights Shared Resources

Collaboration can relieve compliance burden and enhance member service.
March 20, 2012
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NCUA addresses Small CU Roundtable on partnerships and training resources.
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CU Small Biz Lending Bill is 'Talk of the Town'

S. 509 needs CUs' continued support, Udall says
March 20, 2012
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Legislator encourages CUs to call on representatives to support member-business lending bill.
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Most Business Owners Optimistic About 2012

Small Business Authority releases market sentiment survey results.
January 12, 2012
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Only 20% of survey respondents were pessimistic about 2012 and their 2011 business results.
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The Small Business Authority Ranked Top Nonbank SBA Lender

Company is among the nation’s 20 top business lenders.
November 9, 2011
No Comments
The Small Business Authority authorized to fund more than $130 million in guaranteed small business loans during 2011.
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May Cover

Credit Union Magazine

• May digital edition

May 2013

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Finovate Highlights Industry's Best and Brightest

Look into the Future of Finance

Scenes from FinovateSpring 2013

Scenes from the 19th Annual CUNA CFO Council Conference

Gladwell: CUs are David to Banks’ Goliath

Recent Discussion

In remembering Warren, the first thing I think of was his smile. He was a gentle, caring man who always thought of others first. I was honored to be a part of the MiOpportinidad project with Affinity Credit Union, Warren and Miriam. His hard work and dedication to that project was inspirational. Warren so deserves this award.

The author really understands the credit union philosophy and I really enjoyed the analogy of his bathroom remodel. The only thing missing was pictures of the finished bathroom! :)

Thank you Phillip for showing the differences between a Big Bank that is only looking to sell you products and a Credit Union that actually looks out for its members needs. Great article!

I love and give a standing ovation to Ron Kase and to other caring people just as much as those who passed away on 2012 like Warren Morrow at Des Moines Iowa. He worked hard for those who are under-served an under-represented, but wasn't mentioned in your magazine. It may be beneficial for the entire world to know about his accomplishments no for his benefit, obviously, but to increase the number of positive and caring people and to add members the CU. Just ask Coopera Consulting at Des Moines Iowa about Warren Morrow's legacy.

That’s right Lisa. The servicing rule would not require a credit union to create its own policies and procedures if all aspects of the servicing are delegated to a sub-servicer. However, remember that the credit union will have to conduct due diligence on the sub-servicer to make sure it is following the minimum requirements for policies and procedures. Unfortunately, even those credit unions that use a third party servicer will need to have a working knowledge of the CFPB’s servicing rule.

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