ALEXANDRIA, Va. — Delivering the keynote address at NACUSO’s Business Services Collaborative, NCUA Vice Chairman Rodney Hood gave high marks to credit unions and CUSOs that are making inroads in member business lending.

“I realize that many credit unions do not have the necessary infrastructure to take full advantage of Member Business Lending,” Hood told attendees at the Chicago-based meeting. “CUSOs provide a wonderful and proven mechanism to provide Member Business Lending and help credit unions mitigate risks through balance sheet diversification.”

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