WASHINGTON (2/18/09)--An article in an upcoming issue of Kiplinger's Personal Finance Magazine notes that credit unions have plenty of cash to lend and their rates beat banks' fees for loans. "While big banks continue to cherry-pick borrowers, credit unions are opening up their vaults," the article begins. "Thanks to conservative investing and lending policies that largely sidestepped the subprime-mortgage mess, credit unions have plenty of cash on hand. Plus, interest rates on most loans average at least one percentage point lower than at banks," it says. "Money for car loans, in particular, is flowing, as credit unions fill the void left by shuttered or frozen carmaker finance arms," writes associate editor Jessica L. Anderson. She outlines low rates, rebates from credit unions' Invest in America program, and refers readers to www.lovemycreditunion.org. The article also addresses home loans, and CUNA Mutual Group says the dollar volume of real estate loans jumped 11% last year. Bankrate.com's Greg McBride notes that although credit unions are more willing to lend, it's not because of lower underwriting standards. For the full article, in the April issue, use the link.