While Congress is out of session for a two-week Passover/Easter recess, CUNA and NAFCU are using the period to have their members lobby lawmakers on key issues facing credit unions.
CUNA is focusing on raising the cap on member business loans from 12.25% to 25% of assets. Legislation that would allow that has been introduced in both the House and Senate and it could be attached to jobs creation legislation that Congress may take up when it returns.
NAFCU is focusing its lobbying efforts on the regulatory reform legislation currently working its way through Congress and trying to ensure that credit unions aren't subject to an additional layer of examination.
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