ICBA files suit against NCUA over MBL

The Independent Community Bankers of America filed suit in federal court yesterday, challenging the NCUA’s new MBL rules, contending that the regulations allow credit unions to exceed limitations on business loans that were established by Congress...

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The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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