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CU Execs to Testify at House Hearing on Business Lending

St. Mary's Bank President/CEO Ronald Covey and Mid-Atlantic Federal Credit Union President/CEO Rick Wieczorek are scheduled to discuss the state of business lending and commercial restate during a House committee hearing on Friday.

Covey and Wieczorek are on a panel of witnesses at a joint hearing of the House Financial Services and Small Business Committees.

Covey, whose Manchester, N.H.-based credit union was the first one in the country, is testifying on behalf of CUNA and Wieczorek is representing NAFCU.

The hearing is scheduled to begin at 9:00 a.m. ET on Friday.

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