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By Michelle A. Samaad |
June 4, 2012
Over the past week or so, the word “billion” has come up several times in industry talk on member business lending.
The first billion–make that nearly $12 billion–is the record number of member business loans that credit unions funded in 2011, setting a new record high based on fourth-quarter data from...
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By Heather Anderson |
May 4, 2012
Lawmakers stuck between rock and hard place as lending cap bill languishes. This from the May 9 print edition of Credit Union Times.
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By Heather Anderson |
April 30, 2012
New York, Nevada credit union associations say they're confident of continuing support as question remains if vote will be taken this year.
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By Heather Anderson |
April 30, 2012
Senator advises colleagues "to move forward carefully."
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By Heather Anderson |
April 27, 2012
Colorado Democrat says upper chamber will vote this year on his bill despite reports of its indefinite delay.
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By David Morrison |
March 23, 2012
Mark Udall (D-Colo.) has repackaged and reintroduced his bill to remove the cap on credit union member business lending, setting it up for a possible vote by the full chamber.
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By Heather Anderson |
March 20, 2012
WASHINGTON — Efforts to raise the business lending cap have been the only part of the jobs act that would actually create jobs, Sen. Mark Udall (D-Colo.) says.
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By Claude R. Marx |
January 16, 2012
Sen. Mark Udall (D-Colo.), Rep. Ed Royce (R-Calif.) and Rep. Carolyn McCarthy (D-N.Y.) will apear at the March 18-22 conference in Washington, D.C.
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By Claude R. Marx |
August 4, 2011
Democratic Sen. Dianne Feinstein and GOP Rep. Darrell Issa, both Californians, have signed on to raising the lending cap.
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By Claude R. Marx |
June 13, 2011
Might this time finally be the charm for member business lending?
After years of lobbying and cajoling, credit unions will finally get their wish on June 16 when the Senate Banking Committee holds a hearing on Sen. Mark Udall’s (D-Colo.) legislation to raise the cap on member business loans.