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
House committee to discuss small biz help
WASHINGTON (5/6/10)—The full House Financial Services Committee on May 11 will discuss initiatives to promote small business lending, jobs and economic growth. Witnesses for the hearing, which will be chaired by Committee leader Rep. Barney Frank (D-Mass.), have not been announced at press time. The Credit Union National Association has suggested that small businesses would be helped by lifting the current statutory cap on small business lending by credit unions from 12.25% to 25%. Doing so would inject as much as $10 billion in new funds into the economy and could create up to 108,000 jobs, at no cost to taxpayers, CUNA has said. Legislation that would lift the current MBL cap is active in both the House and Senate.


RSS





print
News Now LiveWire
.@Nussle dropped by the @ACUMuseum recently. Read about his visit http://t.co/bYe8RRgYLP
54 minutes ago
.@PCISSC issues new pen test guidelines for businesses to identify network vulnerabilities @CUinfosecurity http://t.co/ENeGTPSMjf
2 hours ago
#Georgia credit union parity bill awaits signature from @NathanDeal http://t.co/zbS4IZsOp6
2 hours ago
IRS @IRSnews to offer April 8 webinar on UBIT #NewsNow http://t.co/hZIHF5RbH4
2 hours ago
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
17 hours ago