According to data included in the ABA letter, the credit unions that are nearing their aggregate limit for member business loans are going to gain the most from the proposal. However, these credit unions are not making the micro-enterprise loans that credit unions are always preaching about, the bankers said. "As of the third quarter 2002, the average MBL balance outstanding per loan for these credit unions exceeded $200,000. This is hardly the micro-loan to finance a pickup truck or a home cleaning business," the letter read. Additionally, the ABA pointed out that the average business loan at Arrowhead Credit Union in California is $225,000 and $783,000 at Telesis Credit Union. Coastal Federal Credit Union advertises for business loans up to $2 million, ABA said, while OmniAmerican Credit Union has set up a $10.5 million line of credit and $2 million in working capital for Wide Open Spaces LLC for a real estate development project. [email protected]

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