NCUA Wins on Member Business Loan Ruling
A federal court has dismissed a lawsuit against NCUA’s new member business loan (MBL) rule that was brought by the Independent Community Bankers of America (ICBA) to invalidate and set aside a provision in the MBL rule that allows federally insured credit unions to exclude purchased commercial loans or participations in such loans from the aggregate cap on MBLs. [1/25/17]


