While it’s valid for the NCUA to make risk management a priority when it comes to business lending, recent guidance from the regulator could hinder and discourage credit unions and CUSOs running solid programs.
CUSO association expresses concerns about regulatory targeting hindering solid business lending programs.
Measure similar to proposed legislation in House, would raise cap to 27.5% of assets.
NCUA program officer gets an earful about business loan waivers from NACUSO attendees.
LAS VEGAS — Some say credit unions, CUSOs get mixed messages about who's responsible for due diligence in business lending.
New York Democrat said the move would inject much-needed funds into local communities when they need it most.
Business services specialist points at MBL exposure, loan loss allowances, dependence on CUSO revenue, high operating expenses.
Michigan Business Connection LC said the battle shouldn’t spook credit unions in their efforts to aid to small businesses.
Seeking support for member business lending legislation, MnCUN gets pep talk from Sen. Amy Klobuchar.
Borrowers and lenders of loans backed by the SBA will have greater access to capital and less paperwork to deal with.