Friday, March 7, 2014

Wisconsin Exception to Business Loan Cap: Community First Approved, Landmark Denied

Two Wisconsin credit unions applied to the state regulator for an exception from the aggregate business loan cap.

The Wisconsin Department of Financial Institution’s Office of Credit Unions approved Community First Credit Union’s (Appleton, WI) request for an exception from the aggregate business loan cap up to 18 percent of assets.

The state credit union regulator denied Landmark Credit Union’s (New Berlin, WI) application for an exception from the aggregate business loan cap.

See the activity report.
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