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NCUA announcese SBA lending program Pictured from left to right: Small Business Administration Acting Administrator Chris Pilkerton, NCUA Chairman Rodney E. Hood, and SBA Associate Administrator Bill Manger. (Photo: NCUA)

NCUA will be working with the U.S. Small Business Administration to increase greater participation in SBA loan programs among credit unions.

Fewer than one in 10 credit unions participate in SBA’s guaranteed lending program, with credit unions holding less than 2% of the $132.3 billion in outstanding SBA guaranteed loans as of March 31.

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Jim DuPlessis

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