WASHINGTON — No lawmakers at NAFCU's Congressional Caucus said Thursday they expected a vote on member business lending cap hike this year.
Political newspaper The Hill will include member business lending as a topic during a public event Wednesday that will focus on access to capital.
CUNA, NAFCU urge credit unions to lobby lawmakers home on break.
Community bank lobby signs up supporters opposed to raising credit union member business lending cap.
In a letter to Senate Majority Leader Harry Reid, Republican Leader Mitch McConnell, and copied to all members of the Senate, the American Bankers Association and Independent Community Bankers of America said current member business lending limits “are entirely appropriate given the significant risk and potential losses that would be...
Credit union senior managers warn against expanded lending authority, says credit unions and regulators "both unprepared."
House passes controversial disaster bill.
Insurance industry officials believe the House will accept the 60-day National Flood Insurance Program extension the Senate passed last week.
Even after news that a vote on S. 2231 won’t happen as quickly as hoped, credit union trade associations say they aren’t pursuing a Plan B to promote legislation that would raise the member business lending cap to 27.5% of assets.
Lawmakers stuck between rock and hard place as lending cap bill languishes. This from the May 9 print edition of Credit Union Times.