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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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Increasing the MBL Cap: The ABA's Argument Against It

Submitted by ekashner on February 18, 2010 |

Recently, the American Banks Association (ABA) distributed an email to bank executives urging them to oppose an increase in the credit union business lending cap. The email reads:Read More

Bipartisan Group of Senators Introduces Legislation to Help Jumpstart Lending to Small Businesses, Create Jobs

Submitted by ekashner on January 14, 2010 |

Bipartisan Group of Senators Introduces Legislation to Help Jumpstart Lending to Small Businesses, Create Jobs

Current Law Caps Loans Credit Unions Can Offer Businesses; Legislation Would Raise Limit to Increase Access to Loans

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