David Morrison’s Nov. 11 article (3Ways Credit Unions Can Help Veterans) lays out ways inwhich credit unions can assist veterans as they return to civiliansociety. It was an excellent and timely article; however, it missesone obvious and important tool at our disposal: H.R. 5061. The billis currently before Congress to exempt member business loans madeto veterans from the MBL cap.

Rep. Jeff Miller (R-Fla.), the chairman of the House VeteransAffairs Committee, introduced this common-sense legislation back inJuly. The bill recognizes the need to give veterans who want to start or expand a small business moreoptions in where they get vital capital. Even though themeasure is simple in its approach, it can have a profound impact onthe lives of these deserving veterans, and on the economy incommunities in which they now live.

This is a great example of credit unions helping a particularlyimportant group of people. Every credit union, not just those thatserve the military, should enthusiastically get behind efforts topass the bill when it is reintroduced in the comingCongress. I hope you will also work with your delegation toget them to co-sponsor so we can get this bill passed and muchneeded credit to our veterans.

Patrick La Pine

President/CEO

League of Southeastern Credit Unions & Affiliates

Tallahassee, Fla.