Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Pete AguilarRep. Pete Aguilar (D-Calif.), the former Mayor of Redlands, told CU Times on Wednesday he is signing on as a co-sponsor of the member business lending and supplemental capital bills that have been introduced in the House.

The Credit Union Small Business Jobs Creation Act, introduced on Monday, would raise the credit union member business loan cap from 12.25% to 27.5% of assets for eligible institutions.

The Capital Access for Small Businesses Act, introduced on Feb. 13, would let the NCUA board permit credit unions to accept other forms of capital, as long as the board’s action does not alter the cooperative ownership structure of credit unions.

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?


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 © 2022 ALM Global, LLC. All Rights Reserved.