The National Credit Union Administration announced on June 9 a three-year partnership with the Export-Import Bank (EXIM).
The NCUA and EXIM signed a memorandum of understanding to undertake a series of initiatives that will help credit unions better understand and make use of EXIM guaranteed loans and resources.
EXIM guaranteed loans would be exempt from the member business loan cap of 12.25 percent of assets.
Read the press release.
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