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HR 1418

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Member Business Lending Hearing Scheduled for October 12: Call to Action

Dec
16
Member Business Lending Hearing Scheduled for  October 12: Call to Action

Credit unions have an opportunity to highlight the need for more small business lending during a Congressional hearing, following Missouri’s Hike the Hill in Washington, D.C. The U.S. House Subcommittee on Financial Institutions and Consumer Credit will hold a hearing on the credit union member business lending (MBL) bill on October 12. Missouri U.S. Rep. Blaine Luetkemeyer (R-District 9) is a member of the subcommittee.

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Contact Lawmakers in MBL Call to Action

Nov
28
Contact Lawmakers in MBL Call to Action

 

Bankers Spread Misinformation - Visit online today.

All Missouri credit union leaders are urged to contact their members of Congress – in both the House and the Senate - to make sure lawmakers understand the consumer benefits of raising the credit union member business lending (MBL) cap from 12.25% to 27.5% of total assets.

Posted By Halley Hayden read more

West Community Shares Lawmaker MBL Support with Members

Nov
14
West Community Shares Lawmaker MBL Support with Members

 

West Community is notifying members through its website and asking them to contact three Congressmen for support of credit union member business lending (MBL). U.S. Representatives Todd Akin (R-District 2), Russ Carnahan (D-District 3) and William Lacy Clay (D-District 1) have signed on as cosponsors for H.R. 1418, the Small Business Lending Enhancement Act, which would increase the cap on credit union MBL from 12.25 percent to 27.5 percent of assets.

Posted By Halley Hayden read more
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