Famed Chicago architect Daniel Burnham would always invoke the words “Make no little plans; they have no magic to stir men’s blood” when designing a building or planning the Chicago World’s Fair Exposition. In following his own advice, Burnham pursued every project he undertook with the commitment to push the limits. Make it the best and create something people would always remember. He was a bold thinker, had great vision and was never afraid to take chances.

This fall, the NCUA board has an opportunity to show they have vision and are willing to take a bold step. They will consider and vote on expanded business lending authority for credit unions. The proposed rule changes were a long time coming, and if approved, will provide a great opportunity for credit unions to further enhance their ability to promote and foster the growth of the business sector.

During the six years I sat on the NCUA board, I advocated for and supported efforts to give credit unions the ability to provide their members with loans to open and operate businesses when other financial institutions would not.

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?

Dig Deeper


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 © 2023 ALM Global, LLC. All Rights Reserved.