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The Advocate Blog

Senate Majority Leader Reid Pledges Vote on MBL; Contact Sens. Webb and Warner and Urge Their Support

U.S. Senate majority leader Harry Reid (D-Nev.) and Sen. Mark Udall (D-Colo.) both spoke in the Senate floor Thursday in favor of legislation to increase the credit union member business lending (MBL) cap.

Reid indicated that he has been working with Udall to attach the MBL bill to a pending small business... More

ICBA Targets Credit Union Tax Exemption, MBL Cap in 2012 Priorities

Credit unions still stick in the craw of community banks, based on the priorities for the coming year the Independent Community Bankers of America announced Tuesday at its annual convention in Nashville, Tenn. One of its seven priorities is titled “Stop Unfair Tax-Exempt Credit Union Power Grab,”... More