Over the next four weeks, 19 credit union leagues from 26 states will be in D.C. to “hike the hill,” meeting with lawmakers, regulators and CUNA staff, as fall is generally the busiest time of year for visits.
WASHINGTON (2/26/16)--The ever-increasing regulatory burden credit unions are subject to was chief among the topics of discussion with thousands of credit union leaders and their elected officials on Capitol Hill this week. As part of the CUNA Governmental Affairs Conference, nearly 5,000 credit unions leaders lined up meetings with legislators to discuss credit union issues.
The discussion boards on CUNA’s Compliance Community featured an interesting discussion last week: what is the difference between the terms “share draft” and “checking account”? The correct use is important since credit unions pay dividends, not interest.