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Pre-break CUNA ads highlight MBL support
Click download CUNA ad touts the U.S. Conference of Mayors' support of MBL cap increase.
WASHINGTON (7/2/12)--In advance of the U.S. House and Senate breaking this week for a July 4 District Work Session, the Credit Union National Association (CUNA) ran two ads in Politico, both of which underscored the broad coalition of support that exists for an increased cap on credit union member business lending.

One of the CUNA ads touted the recent addition of the U.S. Conference of Mayors as a vocal supporter of legislation to raise the cap. Last month, the mayors' conference adopted a resolution supporting S. 2231, the Senate version of legislation that would raise the cap to 27.5% of assets, up from the current 12.25% limit. The House has pending legislation that would do the same.

CUNA has estimated that lifting the MBL cap to 27.5% of assets, from 12.25%, would create 140,000 jobs and inject $13 billion in new funds into the economy during the first year after enactment. Both benefits come at no cost to taxpayers.

Under the banner head "MORE JOBS," the ad says, "When Mayors from across the country agree on something, you know it's important..."  It notes the 187 members of the Conference of Mayors urges Congress to pass the MBL legislation to help small business members.

Click download CUNA ad highlights a long and varied lists of MBL supporter.
The second CUNA ad, featured just pages away from the first, highlights the large and growing number--and range--of organizations that back increased MBLs as a way to boost the economy at no cost to taxpayers.

That support encompasses small businesses, conservative think tanks as well as progressive community and minority advocacy organizations,  and groups like the National Association of Homebuilders, the National Association of Mortgage Brokers, the National Association of Professional Insurance Agents, and the National Association of Realtors.

CUNA urges credit unions and small business advocates to meet with House and Senate lawmakers in their home offices during the district work period to continue to encourage passage of the MBL bills.

Click on the ads displayed in this article to see a larger version.


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