Small Business Saturday is Nov. 26. It’s a day that encourages people across America to support small, local businesses.
Credit unions can participate in this daylong celebration on social media as a reminder that they strongly support small businesses by using the hashtags #SmallBusinessSaturday and #SmallBizSat.
Credit union-specific infographics are available that highlight America’s credit unions’ support for small businesses. They can be used on all social platforms --graphics are sized to Facebook, Twitter, and Instagram dimensions.
A few facts about small businesses from the U.S. Small Business Administration (SBA):
CUNA and America’s credit unions support legislation that would increase the member business lending cap to 27.5% of assets from 12.25%. If the cap was increased credit unions could lend an additional $16 billion to small businesses, helping them create 150,000 new jobs in one year, according to CUNA research.