Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Inside Washington (07/18/2011)
* WASHINGTON (7/19/11)--Sen. Chris Coons (D-Del.) recently congratulated $338 million asset Dover (Del.) FCU, Dover, Del. on its first Small Business Administration (SBA) loan.
“Getting our economy moving again means giving small business owners the tools they need to turn their ideas into reality,” said Coons (pictured fourth from the right). “By helping promising entrepreneurs get access to the capital they need to grow, we are helping more Delawareans get back to work. That’s why these SBA loans are so important.” Dover FCU received SBA certification earlier this year, providing access to additional capital to help entrepreneurs open and expand businesses. SBA loans are part of a business products and services portfolio launched by the credit union in April. CUNA and credit unions are pressing Congress to increase credit unions’ member business lending (MBL) cap to 27.5% of assets from 12.25%. Doing so would open up more opportunity to offer MBLs, inject $13 billion in loans into the economy and create as many as 140,000 new jobs, with no cost to taxpayers, CUNA said. (Photo provided by Dover FCU) …


RSS





print
News Now LiveWire
.@CUNA , trades unite to urge Congress on #datasecurity action http://t.co/gzmZGX9nfF
2 hours ago
State of Wash. @dficonsumers has expanded its CAMEL ratings to include an "S" for interest-rate sensitivity.
3 hours ago
.@HUDgov tweets: Be sure to tune in tonight to watch @SecretaryCastro on @TheDailyShow with Jon Stewart http://t.co/B1L23NQaoJ
3 hours ago
.@NJCUL Southern Chapter meeting canceled due to the impending snowstorm
4 hours ago
.@CUNA staff preparing for today's #RBC2 webinar http://t.co/9rVX41DLfQ
5 hours ago