The fight to increase the current 12.25% member business lending cap has been a long and arduous one.
CUNA announced new legislative priorities for 2013 that include four key agenda items: preserving the credit union tax exemption, reducing regulatory burden, engaging in housing finance reform and advancing credit union charter enhancements.
Washington was embroiled in a game of fiscal chicken at the end of the year. Unemployment is high at 7.7%. The 2.5 million people who are unemployed but so discouraged that they’re not actively looking are unchanged from 2011.
NCUA says $177 million also put into Premier America purchase and assumption deal for failed credit union's leftovers.
The impact of raising the member business lending cap got another national awareness boost through Connecticut's public radio station.
Resolution for 2013: Put some energy into political activity, regardless of which side of an issue you're on.
Thursday's vote leaves Transaction Account Guarantee in same limbo as member business lending legislation.
Bankers one step away from Transaction Account Guarantee extension without MBL; CUNA says it will continue opposition.
Fourteen conservative, libertarian and free market organizations send letter to Senate leaders ahead of today's cloture vote.
Filibuster reform is behind-the-scenes force, prop in partisan debate, CUNA lobbyists note.