While the Senate is on a recess, NAFCU President/CEO Fred Becker is encouraging credit unions to continue their pressureon elected officials in support of S. 2231, which would raise themember business lending cap to 27.5% of assets.
NAFCU isn't altering its strategic course as a result of a possible vote delay on thebill, Becker said. Instead, he said, credit unions must remain“unrelenting” in their support of MBL legislation, and not give upor walk away.
“That's exactly what bankers want, for us to get discouraged andgo away, and if we do that, we're playing right into their hands,”Becker said.
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