Credit Unions http://www.kunc.org en Udall Hopes Third Time the Charm for Small Business Lending Bill http://www.kunc.org/post/udall-hopes-third-time-charm-small-business-lending-bill <p>Credit unions have long pushed for greater flexibility in how much they can lend to small business.&nbsp; KUNC&rsquo;s Erin O&rsquo;Toole talks with Boulder County Business Report publisher Chris Wood about a proposal that would more than double credit unions&rsquo; business lending.</p><p><a href="http://stream.publicbroadcasting.net/production/mp3/kunc/local-kunc-963054.mp3">http://stream.publicbroadcasting.net/production/mp3/kunc/local-kunc-963054.mp3</a></p><p> Thu, 14 Apr 2011 18:22:45 +0000 Erin OToole & Chris Wood 6553 at http://www.kunc.org Udall Hopes Third Time the Charm for Small Business Lending Bill Udall Amendment Would Increase Credit Union Lending http://www.kunc.org/post/udall-amendment-would-increase-credit-union-lending <p>Democratic Senator Mark Udall introduced an amendment today that he says could create as many as 100,000 jobs. The goal is to increase how much credit unions can lend in Colorado&mdash;and nationwide.</p><p>Right now credit unions can only lend about 12 percent of their total assets. But Senator Udall thinks that number should be just above 27 percent. That&rsquo;s because small businesses have struggled in recent years to gain access to capital despite a $30 billion dollar infusion of cash from the federal government to banks to help increase loans.</p> Thu, 17 Mar 2011 21:54:29 +0000 Grace Hood 5259 at http://www.kunc.org Udall Amendment Would Increase Credit Union Lending