Search
 

If Thrifts Get Auto Lending, NAFCU Wants Parity

Two of credit unions' strongest allies in Congress introduced legislation in the waning days of the 109th Congress to expand thrift auto lending, which has left NAFCU asking, "What about credit unions?"

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON — Two of credit unions’ strongest allies in Congress introduced legislation in the waning days of the 109th Congress to expand thrift auto lending, which has left NAFCU asking, “What about credit unions?”

Authors of the Credit Union Regulatory Improvements Act (H. R. 2317) Paul Kanjorski (D-Pa.) and Ed Royce (R-Calif.) have introduced a bill, the Auto Loan Limit Adjustment Act (H.R. 6323) that would remove the limitations on consumer auto loans for thrift institutions.

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?

Recommended Stories

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.