CUNA President & CEO Dan Mica on Introduction by Rep. Nydia Velazquez, D-N.Y. on Credit Union Small Business Lending Act

March 29, 2007

FOR IMMEDIATE RELEASE
Contact:
Pat Keefe, CUNA
(202) 508-6765; pkeefe@cuna.com

“We are delighted to continue our work with Rep. Nydia Velazquez, particularly with this bill to give credit unions needed flexibility to become more effective providers of small business loans to their members,” said CUNA President and CEO Dan Mica. “This legislation is one step of many more needed to help credit unions meet the small business credit needs of their members, who are looking to their credit unions as trusted financial partners. Importantly, this legislation goes a long way in helping to streamline involvement in the SBA lending program by credit unions, through recognition of their unique characteristics, and should encourage more credit unions to become involved in the program.”

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