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Inland Empire credit unions add membership

More than 18,400 consumers joined an Inland Empire-based credit during the year that ended June 30, a move percent year-over-year increase, according to a report by the California Credit Union League. At the end of the second quarter, total credit union membership in Riverside and San Bernardino counties exceeded 366,000 …

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Foreclosures stayed down in July

Inland Empire Foreclosures Down

Four point one percent of all U.S. mortgages were in some state of delinquency in July, a slight year-over-year drop, according to data. The national foreclosure inventory rate of 0.5 percent was unchanged from the three previous months and virtually the same as one year earlier, Irvine-based CoreLogic reported in …

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Affordable apartment complex planned in Ontario

A groundbreaking is scheduled to be held today on a 101-unit affordable apartment complex in Ontario. The Vista Verde Apartments at East Nocta Street and North Virginia Avenue will help anchor a modern urban village Ontario is developing in the heart of downtown, according to a statement. The project is …

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Deadline extended on veterans’ survey

Riverside County veterans will have an extra month to complete a survey designed to assess their needs and what the county can do to help them. The deadline for filling out the Riverside County Veterans’ Needs Survey has been extended to Oct. 31 from its original Sept. 30 cutoff, according …

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Connection between business models and obtaining commercial loans

By Eugene E. Valdez AKA The Loan Doctor I have written about business models in previous articles submitted to IE Business Daily. The reason is that well-crafted business models are so important in influencing bankers and lenders to loan money to small, privately owned businesses.  A well thought business model …

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City to break ground on sports complex

Fontana will hold a groundbreaking ceremony next week on Central City Park, its much-anticipated sports facility. The event, scheduled to begin at 10 a.m. Oct. 17 at 8380 Cypress Ave., will mark the start of the 14.5-acre project behind the Cypress Community Center, according to a statement on the city’s …

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