NAFCU CEO Fred Becker has told senior leaders of the U.S. Senate that NAFCU will not support any jobs or economic stimulus bill that does not allow CUs to make additional member business loans or obtain supplementary capital.
Writing to Senate Majority Leader Harry Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.) on Wednesday, Becker reminded the leaders of credit unions' record on helping members during tough economic times and their need for these legislative measures.
It added that "[a]bsent serious consideration of these initiatives. NAFCU cannot support any 'jobs' package that does not include at least one of these bipartisan proposals."
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
