Edward Royce actually said...

If Congress does not act, we will not be able to be there for some of the members that we have helped in the past like Slo Gas & Mart, who we helped with a loan in 2009 that created 15 jobs; like Waterwheel, a car wash facility that we helped in 2010 that created another 15 jobs; jobs here, and 15 jobs there may not sound like much, but when you consider the national potential, it very quickly adds up to 140,000 new jobs in the first year if the Royce-McCarthy bill is enacted.

10/11/2011

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More Edward Royce Quotes

"Madam Chairwoman, I assure you that we are affected by the cap."
"Let me ask you another question. Are you concerned that raising the cap would open the credit unions up to additional risk?"
"Let me assure you, if Congress increases the current cap, NCUA would promptly revise our regulations."
"The methodology here is also this isn't a blanket increase for all credit unions; there is a series of criteria that would have to be met in order to qualify."

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