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CUNA offers MBL school

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CUNA is offering credit unions a new Member Business Lending (MBL) eSchool.

The CUNA Member Business Compliance eSchool will be held Sept. 24-Nov. 5, the Credit Union National Association announced Wednesday.
 
Sessions at the new school will be held in six sessions from 1 to 2:30 p.m. CST.
 
Sessions include:

  • Understanding Business Structures, Reg CC & the Impact on Credit Union Membership: Part I;
  • Bank Secrecy Act/Office of Foreign Assets Control/Customer Information Program Member Business Compliance Issues;
  • Understanding Business Structures, Reg CC & the Impact on Credit Union Membership: Part II;
  • Member Business Account Collection Considerations;
  • Member Business Services--Compliance Issues to Put On Your Radar; and
  • Deposit Accounts--Checks and Endorsements.

 
CUNA and credit unions have been urging Congress to increase credit unions' member business lending (MBL) cap to 27.5 percent of assets from 12.25 percent. Doing so would open up more opportunity to offer MBLs, inject $13 billion in business loans into the economy and create as many as 140,000 new jobs, with no cost to taxpayers, CUNA said.

To find out more or to register, visit CUNA's website.

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