FOR IMMEDIATE RELEASE
Contact: Tom Sakash - CUNA Communications; 630-253-4446; firstname.lastname@example.org
Washington, DC (June 1, 2017) – CUNA Board Member Dallas Bergl, CEO of INOVA FCU, Elkhart, Ind., will testify on behalf of CUNA before the Senate Committee on Banking, Housing and Urban Affairs June 8 for a hearing titled “Fostering Economic Growth: The Role of Financial Institutions in Local Communities.”
“I look forward to speaking to members of the committee about how increasing regulatory costs are creating barriers for my credit union to best serve our members, and to discuss ways Congress can help credit unions and consumers,” Bergl said. “INOVA FCU certainly isn’t alone in feeling the weight of excessive regulation, which divert resources from consumer-friendly products and services. Credit unions stand ready to support members, small businesses and the economy, and we need Congress to act.”
During his testimony, Bergl will highlight several goals that are part of CUNA’s bipartisan, pro-consumer Campaign for Common-Sense Regulation, including changes to the function and structure of the Consumer Financial Protection Bureau. He will also address housing finance reform, modernizing the National Credit Union Administration’s examination process and more.
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America's credit unions, which are owned by more than 100 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org.