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Plan pitched to lift cap on credit unions

New York’s senior senator wants to lift a decade-old cap on business lending at credit unions, a move that would give small businesses access to much-needed credit. Sen. Charles Schumer said last week...

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Credit unions push for more biz lending leeway

Credit unions just want a little more credit – or at least more freedom in extending loans to businesses. Bethpage Federal Credit Union has grown its commercial loan portfolio so quickly that it may...

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Suffolk Bancorp eyes Melville biz lending office

After shrinking its loan portfolio as it seeks to improve its balance sheet, Suffolk Bancorp is taking its first tentative steps to grow again as it eyes a new business lending office in Melville. The...

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Study: Credit union lending hurts tax revenue

The study looks at legislation that would expand the cap on credit union business lending from 12.25 percent of total assets to 27.5 percent.

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Gillibrand pushes for more credit union biz lending

U.S. Sen. Kirsten Gillibrand supports the Small Business Lending Enhancement Act that would increase the limit on credit unions’ business loans from 12.25 percent to 27.5 percent.

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The Poll: Credit union lending

Should Congress extend the credit union lending cap?

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We thought we had more bankers in our readership

Let credit unions extend the biz lending cap.

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Astoria Financial to open Manhattan branches

Astoria Financial Corp. has plans to expand into Manhattan.

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Astoria Financial reports 37 pct earnings jump

Astoria Financial Corp. has reported $13.9 million in first-quarter earnings, up 37 percent from a year ago.

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