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The Advocate Blog

Reps. King, Sherman Introduce Supplemental Capital Bill

WASHINGTON (UPDATED: 2/14/13, 3:45 p.m. ET)--Rep. Pete King (R-N.Y.) and Brad Sherman (D-Calif.) today reintroduced legislation that would permit the National Credit Union Administration to allow credit unions to accept additional forms of capital.

Credit Union National Association President/CEO Bill... More

Credit Union MBL Bill Is Reintroduced

WASHINGTON (UPDATED: 2/14/13, 12:15 p.m. ET)--Rep. Ed Royce (R-Calif.) today reintroduced legislation (H.R. 688) that would increase the credit union member business lending (MBL) cap to 27.5% of assets, from the current 12.25%-of-assets level, and the Credit Union National Association in a letter thanked... More