By Pete Kasperowicz – The American Bankers Association (ABA) and the Independent Community Bankers of America (ICBA) on Thursday called on Senate leaders not to take up legislation that would expand the ability of credit unions to lend to small businesses.
Earlier in the day, Senate Majority Leader Harry Reid (D-Nev.) said he would push for a vote on a stand-alone credit union bill in the near future, and implied that the bill deserves a vote in light of Sen. Mark Udall‘s (D-Colo.) relentless efforts to pass it. He also acknowledged opposition from banks, but said a vote would be held nonetheless. more> http://is.gd/QWeuzf
- On Capitol Hill, Battle Over Small-Business Loans Grows Fierce (entrepreneur.com)
- Northwest credit union membership surges (bizjournals.com)
- State’s big credit unions gained members, deposits in 2011 (seattletimes.nwsource.com)
- Credit Unions Top Banks in Customer Experience in the Northeast; PNC Bank Ranks Highest Among Large Banks (prweb.com)
- Kansas credit unions show growth in fourth quarter (kansas.com)