WASHINGTON–President Obama has signed into law HR 2499, which raises the statutory cap on the Small Business Administration’s 7(a) business loan program, which hit its $18.75 billion ceiling last week.
Fresh Today
WASHINGTON—The CFPB Wednesday took action against Paymap Inc. and LoanCare, LLC for deceiving consumers with advertisements for a mortgage payment program that promised tens of thousands of dollars in interest savings from more frequent mortgage payments.
LARKSPUR, Calif.—The 3.4% increase in orders for durable goods during June indicates that consumers currently have less financial anxiety, a new report indicates.
ALEXANDRIA, Va.— NCUA will release its proposed rules on supplemental capital and field of membership in the fall.
ST. PETERSBURG, Fla.–PSCU has named two new people to its board.
ALPHARETTA, Ga.—A new study points out five key roadblocks to branch performance and emphasizes that bricks and mortar operations must transform from places to make deposits into centers for sales.
ALEXANDRIA, Va.—NCUA has produced a video that educates consumers on payday loans and their alternatives.
LANCASTER, Texas–Neighborhood Credit Union member Viola Rose has become the latest to be surprised with a $10,000 bonus from the CU.
DAYTON, Ohio–The findings of a new report will come as little surprise to credit unions, many of which have been victimized by skimming attacks.
MICHIGAN CITY, Ind.—Members Advantage Credit Union has launched a new family and friends “appreciation” program that pays a reward for referrals to the credit union.