member business lending

• Udall Introduces MBL Bill in Senate

  By Heather Anderson  |  May 16, 2013

  Measure similar to proposed legislation in House, would raise cap to 27.5% of assets.

• After CU Ownership Change, Business Partners Reaps Profits, Strong Capital

  By Michelle A. Samaad  |  April 22, 2013

  Reduction in overhead costs cited as largest contributor to CUSO's recent performance post-Telesis.

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  Onsite Coverage: Debate Heats Up on Who’s in Charge of MBL Due Diligence

  By Michelle A. Samaad  |  April 18, 2013

  LAS VEGAS — Some say credit unions, CUSOs get mixed messages about who's responsible for due diligence in business lending.

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  Maloney Announces Cap-Free MBL Natural Disaster Bill

  By Heather Anderson  |  April 11, 2013

  New York Democrat said the move would inject much-needed funds into local communities when they need it most.

• Telesis Failure Blamed on Management, Board, Regulators

  By Heather Anderson  |  March 27, 2013

  The NCUA’s Inspector General blamed Telesis Community Credit Union’s former management and board as well the NCUA and California Department of Financial Institutions for the Chatsworth, Calif.-based institution’s failure in a material loss review released March 20.

• Telesis Loss Review Reveals NCUA Will Raise Some Net Worth Requirements

  By Heather Anderson  |  March 21, 2013

  OIG says agency should amend capital rules to reflect higher risk in member business loan portfolio.

• Michigan CUSO Sees Participation Loan as Weapon in MBL Cap Fight

  By Michelle A. Samaad  |  March 19, 2013

  Michigan Business Connection LC said the battle shouldn’t spook credit unions in their efforts to aid to small businesses.

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  Minnesota CUs Meet With Senator as They Hike the Hill

  By Peter Strozniak  |  March 7, 2013

  Seeking support for member business lending legislation, MnCUN gets pep talk from Sen. Amy Klobuchar.

• Tech CU’s $15 Million CRE Loans Builds Bay Area Presence

  By Michelle A. Samaad  |  March 1, 2013

  Mountain View project with Google as tenant, San Francisco office building bolsters CRE business for Bay Area credit union.

• Congress Gets Member Business Lending Bill Again

  By Heather Anderson  |  February 14, 2013

  California Republican Ed Royce and co-sponsoring Democrat Carolyn McCarthy of New York bring MBL cap-raising bill back for 2013 session.