The NCUA on Thursday said that two-thirds of the 1,003 credit unions offered the eligibility to become a low-income credit union have accepted.
Years ago before my time in credit unions, CUNA and NAFCU decided one would hold its Governmental Affairs Conference at the beginning of the congressional session and NAFCU would target the end. The lines have blurred some and lobbying receives more emphasis on the whole.
WASHINGTON — Although speakers at NAFCU’s Congressional Caucus pledged their support for credit union member business lending , not one member of Congress said MBL legislation would be passed before the end of this year.
WASHINGTON — No lawmakers at NAFCU's Congressional Caucus said Thursday they expected a vote on member business lending cap hike this year.
HR 1418, a bill to raise the cap on credit union member business lending, now has 140 co-sponsors, a chief sponsor says.
Biz2Credit says member business lending cap continues to have impact.
To help credit unions looking to grow their business lending programs, Navy Federal Credit Union has launched a new commercial participation loan program.
CUNA and NAFCU use last week’s jobs report to renew their push for lawmakers to raise the cap on member business lending.
League president says four Missouri CUs are at or near their cap, says raising cap to 27.5% would generate 1,676 jobs in his state.
Senators signal their doubts on CU business lending while questioning Matz.