TBA Recent News Headlines

2-19-2010 Credit Unions Asking Senate for Increased Business Lending Authority

We need you to Take Action! today and write your Senators to let them know that you oppose the effort by a small, but aggressive, group of nontraditional credit unions to increase the credit union business lending cap from 12.25% to 25% of assets.
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2-19-2010 Federal Reserve Raised Discount Borrowing Rate to 75 Basis Points

In a late afternoon announcement, the Fed increased the discount window borrowing rate from 0.5 percent to 0.75 percent. Traditionally the discount window is 50 bps above the Fed Funds rate, so this move restores the spread back to its traditional size.
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2-1-2010 2010 National Interagency Community Reinvestment Conference

This conference - the premier training and networking event for CRA officers, community development lenders and investors, CDFIs, and nonprofits - features four tracks including CRA Compliance, Investments, Community Development, and the National Community Development Lending School. The conference also includes tours exploring revitalization projects in New Orleans, volunteer opportunities, and networking opportunities throughout the conference. Attendees may also register for a one-day Advanced Investments conference on Thursday, March 18.
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