FOR IMMEDIATE RELEASE
Contact: Zan McKelway – CUNA Communications; 202-508-6701; firstname.lastname@example.org
Washington, D.C. (August 25, 2015) – The Credit Union National Association (CUNA) today filed the attached comment letter on the National Credit Union Administration’s (NCUA) proposed changes to member business lending rules. CUNA supports NCUA’s approach because it simplifies the regulation and removes many onerous business lending restrictions in the current rule not mandated by the Federal Credit Union Act (FCUA).
In summary, the letter says: