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

Washington
CUNA raises CU issues with SBA administrator lawmaker
WASHINGTON (7/15/09)— Sen. Mary Landrieu (D-La.), chairman of the Senate Small Business Committee, and Small Business Administrator Karen Mills invited lender groups, including the Credit Union National Association (CUNA) to a breakfast meeting to discuss creditors’ concerns with current SBA programs. CUNA Deputy General Counsel Mary Dunn, attending on CUNA’s behalf, emphasized that credit unions want to work closer with the SBA to make more loans to small businesses. Dunn raised several issues during the meeting including:
* Making permanent the SBA 7(a) loan 90% guarantees approved temporarily under the 2008 Housing and Economic Recovery Act; * Containing fees under all SBA programs; and * Ensuring the agency has sufficient personnel to help review loan applications, handle problems, and process guarantee payments to lenders in the case of a borrower's default.
After the meeting, Dunn followed up with Landrieu and Mills, as well as Senate and SBA staff, to emphasize how credit unions can help small businesses across the country.


RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
13 hours ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
18 hours ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
18 hours ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
20 hours ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
20 hours ago