The banking industry's push to stonewall attempts to attach anamendment to a bill that would raise the member business lendingcap continues to draw the ire of the Wisconsin Credit UnionLeague.

“Banks have admitted they are unlikely to increase theirbusiness lending because of regulatory pressure that has forcedthem to restrict their lending,” said Brett Thompson, president/CEOof the Wisconsin league. “So, knowing full well they're not goingto step up to help, it's ill-conceived that Congress would allowbanks to block a credit union provision that could preserve jobsand get Wisconsin firms moving again.”

Congress has so far failed to attach to the Small BusinessLending Fund Act the amendment authored by Sen. Mark Udall(D-Colo.) that would raise the current cap on CUs' member businesslending from 12.25% of assets to 27.5% of assets.