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
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
1 Day ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
28 minutes ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
34 minutes ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
1 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
2 hours ago