Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Papers address alternative payday loans lending excellence
MADISON, Wis. (4/29/08)--Credit unions can learn how to develop a payday lending alternative program and about the 2007 Excellence in Lending Award winners in two new white papers from the CUNA Lending Council. “Payday Lending: The Credit Union Way” guides credit unions through the process of developing a payday-alternative loan program. The paper explains what payday loans are, who uses them, and possible alternatives to payday loans. The paper touches on options credit unions should consider when offering a short-term loan and includes an appendix to help with those decisions. The other white paper, “Building the Basics: 2007 Excellence in Lending Awards Recognize Results and Innovation,” describes the consumer lending, mortgage lending and lending to members of low-to-modest means programs of five credit unions: Sound CU, Tacoma, Wash.; 360 FCU, Windsor Locks, Conn.; Boulder Valley CU, Boulder, Colo.; Syracuse Cooperative FCU, Syracuse, N.Y.; and North Island CU, Chula Vista, Calif. CUNA Council members can receive complimentary copies of the papers; non-members can purchase the white papers for $50 per copy. For more information, use the links.
Other Resources

RSS print
News Now LiveWire
Post #QE, @federalreserve concerns still linger, says @CUNA's Schenk http://t.co/0GSrpUYpyG
9 minutes ago
.@CUNA's @HampelBill in @WSJ on @federalreserve mtg: 'No significant impact on financial markets or the economy' http://t.co/sbJycxdDXS
27 minutes ago
#ApplePay: #Creditunions need it to be competitive, says @CUNA webinar http://t.co/Rf8j9KWru2
37 minutes ago
Consumer confidence hits 7-year high #Market #NewsNow http://t.co/s7DGIGLZb3
18 hours ago
Still time 2 register 4 @TheNCUA Nov. 19 webinar, “Building a Loan Portfolio: Four Keys to Lending,” hosted by OSCUI. http://t.co/ezTFpnhHlP
19 hours ago