Commercial Lending

ABA Hosts Meeting to Address Rural Appraiser Shortage

To help address the pending shortage of rural property appraisers -- and the implications for agricultural and commercial credit in rural communities -- ABA’s Center for Agricultural and Rural Banking and ABA’s Commercial Real Estate Committee convened a meeting yesterday of key stakeholders from the banking industry, federal government, appraisal industry and others.

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ABA-Opposed CU Member Biz Lending Bill Introduced in Senate

ABA today voiced its opposition to a bill, introduced yesterday by Sens. Rand Paul (R-Ky.), Sheldon Whitehouse (D-R.I.) and Jack Reed (D-R.I.) that would raise the member business-lending cap for certain credit unions from 12.25 percent to 27.5 percent of total assets.

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Record Number of Comment Letters Filed on NCUA Proposal

The National Credit Union Administration received a record 3,086 comment letters on its proposed rule to expand member business lending, the agency said this week. Bankers responding to ABA’s call to action helped ensure that the majority of those letters – 2,759, according to NCUA – were opposed to the proposal. “This response makes a powerful statement. It shows that ...

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