SAN DIEGO – CUNA President/CEO Bill Cheney announced three new initiatives to a standing-room-only audience during his opening remarks Monday at America's Credit Union Conference in San Diego.
In an attempt to pass member business lending legislation this year, CUNA is working "at high levels" in both the Senate and the House to craft a package that credit unions can support and banks can reasonably live with, Cheney said.
The package will attempt to end legislative gridlock among elected officials who don't want to vote on MBL because it would alienate either credit union or bank supporters, he said.
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