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Archive March 2010

Grassroots Alert, but not the kind you're hoping for

Submitted by ekashner on March 25, 2010 |

The American Bankers Association (ABA) continues its very active lobbying campaign against loosening legislative constraints on credit union small business lending authority. Below is another email circulated on March 25th, encouraging bank executives to write their representatives in opposition of raising the member business loan (MBL) cap.

The ABA has used this strategy several times before. Please refer to our analysis of the last ABA email that we received.
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Creating Opportunities and Creating Jobs

Submitted by ekashner on March 25, 2010 |

How many outstanding member business loans did credit unions report as of December 31, 2009? (Answer at the bottom)

On the back page of the March 22, 2010 issue of Politico  appeared a full-page ad from Goldman Sachs.



The accompanying text reads as follows:Read More

A Letter to the Industry

Submitted by ekashner on March 30, 2010 |

Editor’s Note: At Credit Unions Rising, we often strongly encourage credit unions to actively tell their story, not just of the success of their individual credit union but of the success of the credit union movement. As such, we felt it necessary to direct your attention to both Chip Filson’s letter to the credit union industry and the letter to President Obama. This is your chance to make your voice heard.

Dear Credit Union Executive;
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