Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
PCUA reports first Loan Trader participants
HARRISBURG, Pa. (1/6/09)--Four member business loans totaling $411,643 were completed through the Pennsylvania Credit Union Association’s (PCUA) Credit Union Loan Trader, PCUA said Monday. The loans were listed by AmeriChoice FCU in Mechanicsburg, and were purchased by SPE FCU in State College. Secured by real estate, the loans ranged from 6.10% to 7.10% (Life is a Highway Jan. 5). SPE FCU noted the portal’s ease of use. “Once I requested access to the financial information, it was uploaded to the site and within hours I was able to view the details of the loans being offered,” said Mike Scott, small business lender, SPE FCU. PCUA said it is securing a trademark for the service. “We developed Credit Union Loan Trader to help credit unions better meet the needs of small businesses,” said PCUA President/CEO Jim McCormack. “Along with the new look, we plan to add enhancements to the site going forward.”
Other Resources

RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
1 Day ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
1 Day ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
1 Day ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
1 Day ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
1 Day ago