The Wisconsin Credit Union League has stepped up its criticism of banks that have stonewalled attempts to attach an amendment to a bill that would raise the member business lending cap.
Now that it has some tangible evidence from a nearly year-old project that provided training to credit union employees on investment education, the Wisconsin Credit Union League is gearing up to reach the poor and underserved.
The underserved and poor individuals who may find it hard to save for retirement will receive help through an investment project from the Wisconsin Credit Union League.
A 15% drop in business lending at Wisconsin's banks is keeping pace with a national trend while the state's credit unions experienced a 13% increase in 2009.
Keeping pace with a national trend, banks in Wisconsin experienced a 15% decrease in business lending in 2009 while the state's credit unions marked a 13% jump last year.