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CUNA: CUs Ask Obama 'What About Us?'

As President Obama met with bankers today to discuss how they can help small business recover, CUNA President/CEO Dan Mica continued to reiterate that credit unions are doing their part and could be doing much more.

By Michelle A. Samaad | Updated on December 13, 2009

As President Obama met with bankers today to discuss how they can help small business recover, CUNA President/CEO Dan Mica continued to reiterate that credit unions are doing their part and could be doing much more.

“The only lobbyists who oppose giving credit unions the opportunity to do more small business lending represent the banks with whom the president met today,” Mica said. “That’s right: The same ‘fat cat’ bankers-as President Obama put it on national television Sunday night-who accepted billions of dollars of taxpayer money while restricting access to credit for consumers and small businesses, oppose allowing well-capitalized, not-for-profit credit unions to lend money to their small business-owning members.”

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