Many Generation Xers have relocated numerous times, changed careers, and are still unable to get ahead in the corporate world. Some have not been promoted in years and see this continuing as baby boomers hold tight to their jobs. The 46 million Americans born between 1965 and 1978 are referred to as Generation X and [...]
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Business Loan Ceiling For Credit Unions Proving Troublesome
By JCoxen on Thursday, September 15th, 2011 | 3 Comments
Federal legislation imposes a limit on how much credit unions may lend to businesses. Several credit unions in Central Massachusetts have almost reached the cap of 12.2 percent of total assets. They are being forced to share their loans with other credit unions or turn away business. These and other credit unions are hoping for [...]
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