The applications that low income credit unions will have to fill out to participate in the U.S. Treasury's Community Development Capital Initiative will only be two pages long, according to NCUA and Treasury officials.

President Obama has signed legislation that would extend the SBA's ability to provide higher guarantee levels through March 28 and fee waivers for 7(a) loans until Sept. 30.

National party committees and senior lawmakers on the committees that oversee credit unions are among the recipients of contributions from the political action committees of CUNA and NAFCU.

In its attempt to limit investment risk, the NCUA's proposed Part 704 regulations may actually increase risk, according to some corporates.