Sens. Mazie Hirono, D-Hawaii, and Dan Sullivan, R-Alaska, introduced legislation Thursday to exempt credit union loans made to veteran-owned businesses from the member business lending cap.
“Thanks to Sens. Hirono and Sullivan for their bipartisan bill that would provide credit unions the opportunity to meet the needs of veteran business owners,” said CUNA President/CEO Jim Nussle. “America’s credit unions have a long history of improving the financial well-being of our members in uniform, and this important legislation will help us do even more.” (Continue reading here…)