Congressional Caucus Day 3: Credit Unions Get DIY Message and More (slide show)
NAFCU Board Member Jan Roche, president/CEO of the $1.5 billion State Department Federal Credit Union in Alexandria, Va., introduced Rep. Gerry Connolly (D-Va.)
Rep. Ed Royce (R-Calif.) held up an ad placed by the banking lobby advocating against credit unions. That money would be better spent making bank loans to small businesses, he said. In February, Royce introduced H.R. 688, which would raise the member business lending cap to 27.5% of assets.