Four credit union volunteers won re-election to the Maine State Legislature while two were defeated in their bids.
Credit union trade associations have entered the 2012 election homestretch, with both CUNA and NAFCU confirming PAC spending figures reported by the Federal Election Commission and website OpenSecrets.org.
Healthcare facilities and lenders have formed the Coalition for Healthcare Finance and CHFPAC to support federal programs that enhance capital access.
League encourages CUs to attend today's event.
Now comes the hard part. As tumultuous as the House subcommittee hearing on raising the cap on member business lending was, the really difficult battle will take place in the months ahead.
Sen. Olympia Snowe (R-Wash.) says Small Business Lending Fund "not an effective use of taxpayers' money."
The Senate last Thursday overcame strong Republican opposition and passed comprehensive regulatory overhaul legislation 60 to 39. All but one of the 58 Senate Democrats supported the measure, and all but three of the chamber's 41 Republicans opposed it.
Now there are 60.
Adding to the likelihood of final passage, Sen. Olympia Snowe (R-Maine) late yesterday said she would support the regulatory overhaul currently pending in the Senate.
The regulatory restructuring bill came closer to passing the Senate when Sen. Maria Cantwell (D-Wash.) announced she would support it