Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
CUs have great reputation Kanjorski tells Pa. CUs
HARRISBURG, Pa. (1/6/10)--Credit unions have a great reputation in the financial services industry, U.S. Rep. Paul Kanjorski (D-Pa.) told credit union leaders Monday at a town hall meeting for Pennsylvania’s 11th Congressional District. “You offer a great service, and credit unions have a great reputation,” Kanjorski said. “Stick to your mission of providing financial services at a great value,” he added (Life is a Highway Jan. 5). The meeting also focused on Kanjorski’s bill that would lift the member business lending cap from 12.25% to 25% of assets and exclude loans less than $250,000 from being defined as a “business loan.” All credit unions present at the meeting stressed how small businesses are looking for new sources of credit while banks tighten loans, the association said. Regarding the 2010 election cycle, credit unions urged Kanjorski to seek another term. Pennsylvania Credit Union Association President/CEO Jim McCormack pledged support for Kanjorski’s campaign.
Other Resources

RSS





print
News Now LiveWire
Middle-class families walking a tightrope with little savings @pewresearch HT @CNNMoney http://t.co/Pfu2KHASZa
13 hours ago
.@CUNA's @SchenkMike on @federalreserve meeting: http://t.co/Ry39vjWdA1
13 hours ago
#creditunion cites prize-linked savings success in @WSJ http://t.co/3CXupUMx5d
16 hours ago
.@CFPB proposes mtg rule changes 2 facilitate responsible lending by small creditors, esp. in rural/underserved areas.http://t.co/sn6PnlS0EB
17 hours ago
#NewsNow Apple Pay interest booming at CUs, Western Union joins http://t.co/LsaoOYzAPx
19 hours ago