Credit unions, mark your calendars for Friday, May 13. That’s when, under a new NCUA rule, member business loans will not require a personal guarantee under certain circumstances. That’s the biggest change in the final rule approved by the agency last month, according to industry insiders and experts.
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Brian Lauer, Partner with Messick and Lauer P.C., is quoted in this article written by Michael Bartlett which was originally published in the Credit Union Journal on March 17, 2016.