NAPERVILLE, Ill. (9/16/15)--Members of the Illinois congressional delegation returned to Washington this month with fresh updates on credit union issues, courtesy of the Illinois Credit Union League (ICUL). The league facilitated several meetings between credit union advocates and legislators during the August recess.
Reps. Bob Dold (R), Bill Foster (D), Randy Hultgren (R) and John Shimkus, all visited with credit union leaders in Illinois.
“We value the opportunity to meet with members of the Illinois Congressional delegation and find it encouraging when they have a solid understanding of credit unions,” said Tom Kane, ICUL’s president/CEO. “Their recognition of the key role credit unions play in the financial marketplace is much appreciated and we sincerely value the time they set aside to maintain an ongoing dialogue and discuss issues important to our members.”
Discussions with the Illinois legislators included topics such as supporting the credit union tax status, as well as the Data Security Act of 2015 (S. 961, H.R. 2205), Exam Fairness and Reform Act (S. 774, H.R. 1941), Capital Access for Small Community Financial Institutions Act of 2015 (S. 1367, H.R. 299) and Preserving Capital Access and Mortgage Liquidity Act of 2015 (H.R. 2473).
“These visits are extremely important. It is key for legislators to get to know us not only as individuals and representatives from our own credit unions, but also credit unions as a movement,” said Carl Sorgatz, vice president at Great Lakes CU of Bannockburn, Ill. “That way, when issues arise, we are a known entity and they will remember us from when we visited them back in their district or in Washington, D.C.”