Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
CU local biz to provide jobs throughout Northwest
ST. HELENS, Ore. (12/8/10)--St. Helens Community FCU, recently partnered with Northwest Structural Moving, Scappoose, Ore., to finance business loans for the purchase of specialized moving and rigging equipment. Loans such as these make possible the projects that Northwest Structural Moving is involved in, such as moving the 75-ton navigational lock to The Lower Monumental Dam on the Snake River, said the credit union in a press release. “Projects like this one help keep our Columbia County-based employees working all over the Northwest,” said Christy Settle, co-owner of Northwest Structural Moving. St. Helens Community FCU has $160 million in assets. The Credit Union National Association (CUNA) and credit unions have proposed lifting member business lending (MBL) limits for credit unions from the current 12.5% of assets to 27.5%. CUNA has estimated that lifting the MBL cap could create over 100,000 new jobs and inject over $10 billion in funds into the economy at no cost to taxpayers (News Now June 30).


RSS





print
News Now LiveWire
The U.S. Court of Appeals restored NCUA lawsuit v. Barclays Capital that charged misrepresenting quality of $550M IN RMBS. See News Now Wed.
12 hours ago
Registration is now open for the online livestreaming of @TheNCUA March 19 open board meeting. http://t.co/yOuqdXHlxj
17 hours ago
Registration is now open for online viewing of @TheNCUA's March 19 board meeting. https://t.co/mMZoXSFjMe
17 hours ago
.@CFPB Director Richard Cordray's testimony that he will deliver before the #HFSC this afternoon. http://t.co/NA1aEOPAeh
18 hours ago
Consumer spending flatlines, savings ramp up #Market #NewsNow http://t.co/94kPuBpMRK
19 hours ago