Plan is to remove all limits on member business loans except those imposed by statute, says NCUA Chairman Matz.
Trade group also cites national data security as a pressing concern.
Credit unions that make taxicab medallion loans dominate the largest average loan balance list. Find out
Credit unions grow their business lending portfolios in a recovering economy, and despite the MBL cap.
Agency explores field of membership, secondary capital for low-income credit unions.
A sound MBL strategy will ensure long-term success in managing risks.
Kent Moon says he looks forward to next chapter after leading Member Business Lending LLC since 2004.
Regulator complicates MBL waiver process and proposed an “off the wall” risk-based capital rule, CEO says.
As business lending heats up, credit unions must closely monitor every risk to avoid wounding portfolios for years to come.
CU Business Group CEO tells credit unions businesses with $5 million or more in annual sales make the best business members.