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Home » N.C. CUs host Rep. Budd for CFPB, reg relief discussion
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N.C. CUs host Rep. Budd for CFPB, reg relief discussion

September 1, 2017
CongressmanTedBudd_Truliant.jpg
Rep. Ted Budd (R-N.C) (front row, middle, blue shirt) gathers with North Carolina credit union advocates at Truliant FCU, Winston Salem, N.C., on Aug. 30.

The Carolinas Credit Union League and representatives from 8 credit unions across North Carolina’s 13th Congressional District joined in a roundtable discussion of issues with Rep. Ted Budd (R-N.C) at Truliant FCU, Winston Salem, N.C., on Aug. 30.  

Following opening remarks by Truliant FCU CEO Marcus Schaefer and League EVP/COO Dan Schline, Budd addressed the group and thanked them for their support and concern for members’ and citizens’ financial well-being.  

Budd is heavily engaged in credit union issues in the 115th Congress because of his service on House Financial Services Committee, a coveted slot for a first-year member of congress. He voiced his support for reform of current interchange rules, Consumer Financial Protection Bureau reform, and lessening the regulatory burden for credit unions.  

Schline expressed gratitude for Budd’s visit, but more so for his service. 

“We appreciate that Congressman Budd took time to visit credit union leaders and really listen to their concerns," Schline said. "We are very fortunate to have another strong credit union proponent in Washington advocating for regular people." 

The roundtable was one of several in-district activities involving Carolinas credit unions while Congress has been on August recess. 

“Keeping our lines of communication open with state representatives is crucial,” Schline added. "It is important we seize every opportunity to do so, whether by drop-in, appointment, chapter meeting, or roundtable." 

In addition to host Truliant FCU, roundtable participants represented American Partners FCU, Reidsville; Coastal FCU; Greensboro Municipal FCU; Lion’s Share FCU, Salisbury; Piedmont Advantage CU, Winston Salem; Premier FCU, Greensboro; and State Employees’ CU, Raleigh. 

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