Forthcoming legislation targets member business lending, supplemental capital
CUNA is seeking congressional support now for credit union charter enhancement legislation, including member business lending [MBL] and supplemental capital bills, which will be unveiled in the coming weeks.

CUNA has discussed the upcoming bills in recent meetings with Senate Banking Committee members, and the bipartisan appeal of both bills has been a consistent point of emphasis during those meetings, says Ryan Donovan, CUNA’s senior vice president of legislative affairs. CUNA is asking senators how the appeal of the bills could be maximized through additional tweaks...  Read More