Bankers lobby asks its members to write senators to oppose latest version of Senate bill to raise member business lending cap.
WASHINGTON—The political pitch to raise the credit union member business lending cap are claims that doing so will spur job growth. According to credit union executives that attended this year’s Governmental Affairs Conference, that claim is more than just wishful thinking.
Mark Udall (D-Colo.) has repackaged and reintroduced his bill to remove the cap on credit union member business lending, setting it up for a possible vote by the full chamber.
WASHINGTON — Efforts to raise the business lending cap have been the only part of the jobs act that would actually create jobs, Sen. Mark Udall (D-Colo.) says.
WASHINGTON — Credit unions are on the rise, thanks to unprecedented media attention and recovering financials, CUNA President Bill Cheney told the GAC on Monday morning.
Senate Majority Leader Reid said he'll continue work to see bill to raise cap brought before chamber.
Congressional Federal Credit Union announced today that 188 members of Congress have agreed to serve as honorary race chairs for the Credit Union Cherry Blossom Ten Mile Run 5K Run-Walk.
Trade says no endorsement without member business lending or supplemental capital relief.
Credit unions dodged a taxation bullet with the latest spending reduction package, but it remains to be seen how long their luck will hold.
This article will be among the news and features filling the pages of the next print edition of Credit Union Times.