Legislation would exempt loans for rental properties with four or fewer units from the member business lending cap.
Credit union executives share their biggest legislative concerns at CUNA's big advocacy event.
WASHINGTON - Rep. Brad Sherman (D-Calif.) says those who criticize payday lending don't understand poverty.
Tax reform, regulatory relief and other credit union concerns are in the hands of these members of Congress.
Reps. Ed Royce (R-Calif.) and Greg Meeks (D-N.Y.) reintroduced the Credit Union Small Business Jobs Creation Act March 2. The bill would raise the credit union member business loan cap from 12.25% to 27.5% of assets for eligible institutions.
Q & A with NCUA Board Member J. Mark McWatters.
Another piece of credit union legislation is introduced before CUNA's Governmental Affairs Conference.
Diversity must be more than just cliché. True diversity must be substantive and participatory.
Several key House and Senate committees may call the NCUA to testify about risk-based capital.
Proposal requiring member FIs to maintain 10% of assets in residential mortgages is unpopular.