FOR IMMEDIATE RELEASE
Contact: Vicki Christner – CUNA Communications; 202-329-9950; firstname.lastname@example.org
Washington, DC (November 10, 2016) – Credit Union National Association (CUNA) analysis finds the priorities of the incoming Trump Administration align with the needs of the credit union system, particularly with respect to regulatory burden, which positions credit unions for success following the 2016 federal elections.
“The outcome of Tuesday’s election is a unified Republican government, with the White House, House, and Senate all under Republican control,” said Jim Nussle, president/CEO of CUNA. “CUNA staff immediately analyzed what the election results would mean for credit unions, and we found that based on our engagement with the Trump campaign over the past several months and our involvement in over 360 congressional races, the new Administration and Congress are likely to remove some of the more oppressive regulations negatively impacting credit unions and their members.”
In the white paper, CUNA staff analyzed the impact the new administration and Congress can have on credit unions, including regulatory relief, potential changes in key congressional committees and NCUA board appointments.
With its network of affiliated state credit union leagues, Credit Union National Association (CUNA) serves America's credit unions, which are owned by more than 100 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information about CUNA, visit www.cuna.org or follow @CUNA on Twitter. For more information about credit unions, visit www.aSmarterChoice.org and follow @asmarterchoice on Twitter.