Might this time finally be the charm for member business lending?
After years of lobbying and cajoling, credit unions will finally get their wish on June 16 when the Senate Banking Committee holds a hearing on Sen. Mark Udall's (D-Colo.) legislation to raise the cap on member business loans.
With the economy still struggling and the unemployment rate at 9.1%, the credit union industry's message about being able to create as many as 100,000 new jobs might finally break through.
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