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Member Business Lending Views

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

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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Member Business Lending News

$1B TARP plan includes CDFI CUs

Submitted by user00 on February 3, 2010 |

The U.S. Department of the Treasury on Wednesday announced that it will set aside up to $1 billion in Troubled Asset Relief Program funds for use by Community Development Financial Institution credit unions and other financial institutions.

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