WASHINGTON — Credit union leaders meet with lawmakers to push for expanding access to supplemental capital.
The Coalition for Credit Union Access said they are Reps. Spencer Bachus (R-Ala.), Charles Rangel (D-N.Y.) and Kerry Bentivolio (R-Mich.).
Measure would allow credit unions to utilize uninsured, non-share accounts to supplement capital.
I spent a few hours driving to the Credit Union Reality Check conference last week and it afforded me time to ponder various things, like how Siri can provide one set of directions on one trip and different ones on the next trip to the same location. But I was...
This week's Opinion column from Editor/Publisher Sarah Snell Cooke draws on the wisdom of others, with a nod to supplemental capital.
Measure would allow NCUA to allow healthy, well-managed credit unions to accept supplemental forms of capital.
Measures go before House, Senate panels in Olympia; supplemental capital proposals dropped from bills.
Eight credit unions from five states join coalition to back pending legislation that would authorize supplemental capital injections.
Credit unions and their trade associations are lobbying members of Congress in their home states while lawmakers are home for spring break.
A small coalition of credit unions has built up the background and the foot soldiers to help maneuver supplemental capital legislation through Congress.