TITLE

MBL REFORM WILL HELP MEMBERS, ECONOMY

AUTHOR(S)
Schenk, Mike
PUB. DATE
April 2012
SOURCE
E-Scan Newsletter;Apr2012, Vol. 38 Issue 4, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses facts in response to claims by bankers opposing the U.S. Small Business Lending Enhancement Act, House Resolution (H.R. 1418) and Senate bill 509 (S. 509), which would increase the member business lending (MBL) cap. Relative to banker claim that increased cap would undermine credit union safety and soundness, it cites credit unions' long history of sound business lending. Other claims include no short supply of small business credit and the reform's harm to community banks.
ACCESSION #
74692002

 

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