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Florida Times-Union letter to the editor touts member business lending

Community First CU of Florida CEO John Hirabayashi's letter pointed out the difference between President Obama's new program to lend $30 billion of repaid TARP money to community banks and Congress raising the credit union member business lending cap. Hirabayashi states that raising the cap would make accessible $10 billion for small businesses without costing taxpayers a dime. Since the letter was published another Florida member of Congress has signed on as a co-sponsor to MBL legislation bringing Florida's number to seven. More than 100 members of Congress are currently co-sponsoring HR 3380, "Promoting Lending to America's Small Businesses Act of 2009."

Click here to read the letter to the editor. If any credit union would like to send a similar letter to their local paper, contact LSCU Vice President, Communications Mike Bridges at 850-576-1022.

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