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Blog > 2012 > April > Credit Unions Seek to Lend More Money to...
April 03, 2012

Credit Unions Seek to Lend More Money to Small Businesses

by Hostetler, Michael

In an article posted Monday on Huffington Post, Dave Adams, CEO of the Michigan Credit Union League, urged Congress to pass legislation that would make it easier for credit unions to lend money to small businesses.

Adams states that local credit unions nationwide have over $300 billion to lend to small businesses. "Capital for small businesses is too important in this fragile economy to let this opportunity pass," he states.

Local credit union members in Indiana can contact Senator Dan Coats and Senator Richard Lugar and urge them to pass S.2231, the Credit Union Small Business Jobs Bill.

Senator Coats's office can be reached at 202.224.5623.

Contact Senator Lugar's office at 202.224.4814.

Category: FCFCU
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