Dan Mica, President of the Credit Union National Association, "Money For Breakfast", 03/02/09
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We should be VERY CAREFUL here. The stability of the credit unions has been very strong because they are limited from taking too many chances. If a raise in the loan limit to small business is considered, it should be in small bites at a time. It can always be eased upward in steps but would be hard to bring back down once this has been done if it is done in too large of steps.
gurlsingerfan 2 years ago