Author Archive

Lehmann: Credit Unions Didn’t Cause the Financial Crisis

A new op-ed piece by journalist R.J. Lehmann gets right up in the face of big banks lobbying to take away the tax-exempt status of CUs by reminding everyone of who did – and didn’t – cause the financial crisis in the U.S.

Lehmann, writing in Politix…

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Credit Unions Band Together on $100 Million Solar Power Lending Initiative

Massachusetts-based Digital Federal Credit Union said it will lead a consortium of 36 credit union partners formed to support the residential loan program of California-based solar systems provider SunPower. The program may provide up to $100 million in loans for residential solar projects in the US.

According to…

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People Trust Their Credit Unions Over Banks, by a LOT

We’re talking Rebel Alliance vs Evil Empire differences in trust (well, almost), according to the findings of a new study by Kehrer Saltzman & Associates. The study found that CU members trust their credit unions over banks by a wide margin: More than 61% said they viewed their CU…

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America Sends Flowers to the World

Americans send more flowers and gifts abroad than any other people on earth, according to a company that handles such deliveries.

The company, Flora2000, offers international online floral and gift delivery to more than 190 countries. According to their stats Americans comprise 41% of the market, followed by the UK…

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Teens More Confident than Parents about America’s Future

Parents might be a bit more optimistic about the future if they would just listen to their teenaged kids. That is, if the results of a new poll are to be believed.

The latest quarterly Allstate/National Journal Heartland Monitor Poll reveals a generational divide in confidence, with many American…

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Small Business Index Moved Up in September

One company’s index measuring U.S. small business activity moved up in September, both from its August level and year-over-year. Could this upward momentum last into the new year?

Newtek Business Services, which offers a range of business services and financial products to the small- and medium…

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Obamacare, and the Tax Implications of Boomerang Kids

The Affordable Care Act (a.k.a Obamacare) may create some unique tax considerations for parents whose adult children have moved back in with them (Boomerang Kids) due to the still-struggling economy, according to a new study by tax preparer Jackson Hewitt.

Around 12 million young adults moved back…

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There Will Be Acid

Have you noticed that the practice of fracking for gas and oil has been controversial lately? Just wait until oil companies start pouring tons of dangerous acid into wells to get at oil reserves trapped in shale. This is what may soon be happening in California, according to a couple…

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