CUNA and NAFCU are urging more senators to sign on as co-sponsors of Sen. Mark Udall's bill to raise the cap on member business lending.
CUNA is urging credit unions to work through its Grassroots Action Center to encourage additional support for the bill, which would raise the cap on member business loans from 12.25% of assets to as much as 27.5% of assets.
NAFCU is also tapping its grassroots network and NAFCU Executive Vice President Dan Berger wrote a letter to lawmakers urging them to sign on to the bill.
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