Removing Barriers Blog

Email to the Hill: Help small businesses access all available credit
Posted May 18, 2020 by CUNA Advocacy

A few minutes ago, CUNA's Chief Advocacy Officer sent the email below to all 535 Members of Congress.  We continue to advocate for Congress to remove the arbitrary member business lending cap.

Good afternoon,

Credit unions can help bring billions of dollars into the economy – at no cost to the government.

Help small businesses access all available credit

You can have a direct impact on rebuilding America's communities by temporarily removing the statutory business lending cap on credit unions.

Taking action now will:

  • Free up $5 billion to lend to small businesses
  • Create 50,000 jobs to support local employers

Learn how credit unions are uniquely positioned to help small businesses during tough economic times.

As not-for-profit, member-owned financial cooperatives, credit unions place your constituents' financial well-being ahead of a corporate bottom line and are ready to serve our local communities.

All the best,

Ryan Donovan