The National Credit Union Administration (NCUA) and the Small Business Administration (SBA) announced the launch a joint three-year collaborative effort aimed at encouraging cooperation between small businesses and credit unions and expanding awareness about SBA programs.
The two agencies agreed to undertake a series of initiatives that will help credit unions better understand and utilize SBA-backed loans and resources in a memorandum of understanding. Such joint initiatives could include webinars, training events and media outreach.
Find out more information about the undertaking.