Representatives from all 14 chapters of the Credit Union Association of New York and executives of the association went to Washington recently to discuss issues such as member business lending and the Community Reinvestment Act with lawmakers.
|They met with Sen. Charles Schumer (D-N.Y.), a member of the Banking Committee, and with other member's of the state's 31 member-delegation or their staffs. Schumer has said he plans to introduce legislation to raise the cap on member business loans and the group delivered letters from small-business owners about the need for more capital.
|"We had an excellent dialogue with the senator, and our meeting concluded with him expressing his support for credit unions," said association President William J. Mellin.
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:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 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.
