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CUNA: CUs Can Still Help Within New Round of Economy Boosters

With several new economy recovery initiatives on the table, CUNA has once again urged Pres. Obama to consider how credit unions can aid small businesses.

By Michelle A. Samaad | Updated on September 06, 2010

With several new economy recovery initiatives on the table, CUNA has once again urged Pres. Obama to consider how credit unions can aid small businesses.

In a Sept. 3 letter to Obama, CUNA President/CEO Dan Cheney applauded the White House’s objectives to “do everything we can” to help small businesses and in turn, boost the economy. Cheney cited Treasury Secretary Timothy Geithner’s support for increasing the member business lending cap and encouraged Obama’s administration to include such language in the next package of legislative proposals addressing the economy.

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