Topic: Business Loans and Member Business Loans
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League comments as OCU re-starts process to update MBL definition
NEWS: Wisconsin’s Office of Credit Union (OCU) has once again started the process of updating its definition of a “member business loan” (MBL) for state-chartered credit unions, and The League has […]
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NCUA: Letter to Credit Unions 23-CU-05 – Commercial Real Estate Loan Accommodations and Workouts (June 2023)
See the enclosure – Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts. The NCUA and other federal banking regulators issued this policy statement on accommodations and workouts […]
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NCUA updates statement on commercial real estate loan workouts
NEWS: The NCUA and other federal banking regulators this week updated their policy statement on accommodations and workouts for commercial real estate (CRE) loans where borrowers are experiencing financial difficulty. Among other things, […]
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A closer look, and a new ii Release, on the small business lending rule
ANALYSIS: The League has published new ii Release No. B083 – Reg. B – Small Business Lending Rule. The rule is part of Reg. B, which implements the federal Equal Credit Opportunity […]
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NCUA OKs proposed change to Wisconsin MBL rule
NEWS: After three years of waiting, a proposed change to Wisconsin’s member business lending (MBL) rules has just cleared a significant hurdle: The National Credit Union Administration (NCUA) Board today announced that the […]
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CFPB rule will require CUs to collect data on small business lending
NEWS: Many credit unions will have to start collecting and reporting data about the demographics and income of small business loan applicants under a new rule published today by the Consumer […]
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B081 WCUL Loan Modification Agreement – Interest Rate and Payment Reduction
This release applies to all Wisconsin credit unions, state and federal. It describes and provides instructions for The League’s Loan Modification Agreement – Interest Rate and Payment Reduction form (WCUL […]
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NCUA: Letter to Credit Unions No. 05-CU-12 – Frequently Asked Questions on Residential Tract Development Lending (September 2005)
See the Enclosure – Frequently Asked Questions on Residential Tract Development Lending. The FAQs provide clarification on the agencies’ appraisal and real estate lending requirements for financing residential construction in […]
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NCUA: Examiner’s Guide – Commercial and Member Business Loans
This section of the Examiner’s Guide addresses the following topics: Business entity types Personal guarantees Board and management responsibilities Construction and development loans Commercial loan policy Prohibited activities Credit risk […]
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NCUA: Supervisory Letter to Credit Unions No. 13-CU-02 – Member Business Loan Waivers (February 2013)
If your credit union makes member business loans (MBLs), you may be eligible for waivers of regulatory requirements on certain types of loans. Rather than applying for a separate waiver […]