“We are going to get financing to small businesses as quickly as we can so that they can continue with the urgent reconstruction of their local economies.” -SBA Administrator Hector Barreto on the agency’s new GO Loan program. CUNA is encouraging CUs to get more involved, but seeking clarification. “It is hard to comprehend how only one of the 10 largest credit unions would meet the criteria of complex, especially when the GAO reported in 2003 that larger credit unions (those with more than $100 million in assets) appear to be offering very similar services to peer banks.” -American Bankers Association Senior Economist Keith Leggett in a letter to NCUA Chairman JoAnn Johnson urging CU risk-based capital reform to parallel the banking regulators’ efforts. “It’s pretty clear they’re not going to be a part of the regulatory relief bill, at least in the House.” -

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.