Urban Partnership Bank

Bank credit: is it growing, and where’s it going?

Lenders have loosened purse strings, but some sectors are monopolising bank loans. Hence the clamour for more credit

Here's What You Need to Look For to Make Sure You're Not Being Scammed at the ATM

Mortgage Loans: Stick With A Bank Or Go With A Broker?

It matters where you go for a mortgage. Who offers a better deal — a banker or broker?

Is a personal loan for you?

Personal loans have surged in popularity, due in part to increasing consumer confidence and a growing array of online lenders to provide them.

Easy ways to improve your financial future right now

While we Fools are passionate believers in investing in the stock market for the long term, we realize there's far more to improving your financial future than simply picking the right stocks.

Tips for a successful Youth Month Savings Challenge

There’s less than two months to go until National Credit Union Youth Month™, when credit unions from coast to coast will urge kids to “Give a Hoot About Savings” and discover the life-changing power of credit union membership. As your celebration planning gets underway, don’t forget about one of the most powerful business development opportunities …

Who Funds Mortgage Loans? Banks, Credit Unions, Mortgage Banks, and Brokers

Mortgage Banks channels can typically move much faster than commercial banks b/c they are less regulated, smaller and more nimble.

AI Can Make Bank Loans More Fair

These systems are forging a more financially equitable world, one decision at a time.

Five reasons to increase SBA loan origination at your credit union

In a recent survey of more than 250 bankers representing banks and credit unions, 61% of respondents said their financial institution plans to maintain or increase Small Business Administration loan origination this year and beyond. With the Paycheck Protection Program lending window closed, are there benefits for credit unions that increase participation in ongoing SBA loan programs? Here are […]

Proposed Credit Union Wants to Lend to Farmers

The founders of a proposed credit union that would only lend to farmers and food entrepreneurs say it's raised $2.4 million.

Here's why Freddie Mac says the mortgage credit box is so tight

As the spring home-buying season struggles to lift off, many point to tight credit as one reason to blame. Freddie Mac and Fannie Mae made efforts to open the credit box by lowering their minimum down payment to 3%, so why isn't it working?

Bank Statement Loans Are Only as Safe as the Lenders Originating Them

Lenders asking whether bank loans are safe are missing the point and should instead be more concerned with the standard they apply when underwriting them.

How to choose a credit union after college

After college your priorities change, from losing that freshman 15 to finding a job and making a five-year plan. Have you considered whether your bank falls in line with your new goals? One of your first “real world” decisions will be choosing the right financial institution for your needs. Switch or stay? You’ve grown up, and so, too, must your bank account. …

Top 5 Reasons A Mortgage Is Denied After Pre-Approval

A mortgage can be denied even after a buyer is pre-approved. There are many reasons why a mortgage is denied after pre-approval. See the top 5 here.

Loan Guarantees: What Are They?

At first glance the definition of a loan guarantee is fairly straightforward. It means a loan, any type of loan, has a guarantee for the applicant. “Apply for this loan and we’ll guarantee you’ll get approved!” It’s easy to misconstrue the true meaning of a loan guarantee as it relates to mortgages....

Don't Cap Credit Union Loans to Small Business

Business loans are not inherently safer or riskier than mortgages or consumer loans. Discouraging business lending by credit unions, something credit unions have done since their inception in 1908, may leave them in worse financial shape because they can’t diversify their lending.