Newsroom

April 20, 2015

Deadline for MBL survey May 1

NAFCU members have until May 1 to participate in the association's Economic & CU Monitor survey on member business lending and Small Business Administration products.

This month's survey includes questions about credit unions' MBL programs and which SBA products credit unions are using.

In February, NAFCU President and CEO Dan Berger signed an agreement with SBA Administrator Maria Contreras-Sweet to try to raise awareness of the agency's micro loan program. SBA-guaranteed loan dollars are excluded from a credit union's MBL limit.

Last month, the survey's special topic focused on financial literacy training.

The NAFCU economic and research team reports on survey responses in the Monitor, which gives NAFCU members a glimpse of trends affecting the credit union industry as a whole. Survey results are used in NAFCU's advocacy efforts on Capitol Hill and with regulatory agencies such as NCUA, CFPB and the Federal Reserve.

Members can fill out the survey online or email their responses to research@nafcu.org.