A Wednesday House committee hearing on capital access must include CU business lending, CUNA has urged.
CUNA President/CEO Bill Cheney offered that suggestion in a letter to capital markets and government-sponsored enterprise subcommittee Chairman Scott Garrett (R- N.J.), and Ranking Minority Member Maxine Waters (D-Calif.) the day before a scheduled hearing on legislative proposals to facilitate small business capital formation and job creation.
Cheney said “it is clear that credit unions have a history of safe and sound lending, have consumer demand for our products, as evidenced through our growth, and have a willingness to help small business owners weather the current economic situation.”
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