Tuesday, June 5, 2012

Kansas CU Regulator Reminds CUs to Adhere to Business Loan Rules

The Kansas Credit Union regulator is reminding Kansas chartered credit unions to follow the rules when it comes to member business loans.

According to an article appearing in the Wichita Eagle, examiners from the Kansas Department of Credit Unions found that several credit unions were not following the NCUA's member business loan regulation.

The bulletin issued by the department highlighted some of the business lending provisions that examiners noted were being violated.

Read the article.

Read the bulletin.
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