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CU System
CUNA tells iWSJi Self-employed can consider CUs for mortgages
MADISON, Wis. (1/10/11)--The Credit Union National Association provided information to two prominent newspapers--The Wall Street Journal and the Washington Post--for recent articles.

In an article about how small-business owners may have difficulty obtaining mortgages in the current market, Steve Rick, CUNA senior economist, told The Wall Street Journal (Jan. 8) that self-employed borrowers may want to consider credit unions for mortgage loans. Many credit unions keep mortgages on their books, Rick added.

CUNA also provided statistics to the Capital Business, a weekly local journal published by the Washington Post (Jan. 8) for an article about how credit unions in the Washington, D.C. area are hiring more employees.

"According to the Credit Union National Association, full-time employment at local credit unions dropped to 2,864 in September 2011 from 2,878 a year earlier as investments in information technology eliminated the need for some staffers," said the article, headlined "Credit unions adding more employees after surge" and written by Danielle Douglas "Yet industry observers say hiring picked up as credit unions experienced growth in membership throughout 2011."

State Employees CU of Maryland, Linthicum, Md., Educational Systems FCU, Greenbelt, Md., and NASA FCU, Upper Marlboro, Md., were among the credit unions named in the article

To read the articles use, the links.
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