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Johnson Bank Exceeds $1B in Mortgages for ’09
Posted on June 2nd, 2009 No commentsRacine-based Johnson Bank has already surpassed the $1 billion mark in mortgage loans closed in 2009. Johnson Bank originates mortgage loans in nearly 60 locations throughout Wisconsin and Arizona and services more than 21,400 loans, The Small Business Times of Milwaukee reported.
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Longtime Savers Doing Fine During Downturn
Posted on June 2nd, 2009 No commentsPerhaps not surprisingly, “a recent survey by online banking business HSBC Direct suggests that people who are longtime active savers are enduring this economic downturn virtually unscathed,” according to an entry on the Milwaukee Journal Sentinel’s Dollars & Sense blog.
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Credit Union Car Lot May Get Reprieve
Posted on June 2nd, 2009 No commentsA used car sales business operated by Educators Credit Union in Sturtevant may get to stay in business. An amendment added during an overnight session of the Joint Finance Committee would exempt Educators from a state law that prohibits credit unions from selling cars as part of their daily operations. The credit union had been ordered by regulators to shut down the car sales business next year, according to the Milwaukee Journal Sentinel.