Credit union advocacy and CUNA’s Campaign for Common-Sense Regulation were among the topics addressed at the Illinois Credit Union League’s (ICUL) 87th Annual Convention.
ICUL welcomed more than 675 attendees from 108 credit unions and 170 exhibitors for its April 6-8 conference in Schaumburg, Ill. This year’s theme, “The Art of Creating Value,” represented the league’s effort to help Illinois credit unions create innovative ways to bring value to their members.
State Deputy Majority Leader Lou Lang (D-Skokie) provided an overview of issues important to credit unions during the Credit Union Political Action Council donor recognition breakfast. He also emphasized the importance of credit unions being involved in the political process. Lang is the primary sponsor of HB 1792, ICUL’s measure amending the Credit Union Act which provide regulatory relief to Illinois’ credit unions.
Steve Olson, ICUL’s executive vice president/general counsel/chief operating officer; Keith Sias, senior vice president of government affairs; Patrick Smith, senior vice president of regulatory affairs and member outreach; and Ashley Sharp, legislative counsel/director of state advocacy, provided federal and state advocacy updates during a session at the convention.
A video highlighting CUNA and ICUL advocacy efforts and events in 2016 was played to an audience of more than 65 credit union attendees. Sias highlighted the Campaign for Common Sense Regulation and the stressed the importance of CUNA’s Member Activation Program to the ongoing efforts at the national level to help pass meaningful regulatory relief.
CUNA’s bipartisan, pro-consumer Campaign for Common-Sense Regulation aims to reduce regulation on credit unions by compelling Congress to end one-size-fits-all regulations better suited for Wall Street than credit unions on Main Street.
CUNA offers a Campaign for Common-Sense Regulation toolkit, resources designed to make it easier for credit union stakeholders to engage policymakers on the need for regulatory relief. New items include educational materials for employees and members, a media center and a look at how other credit unions are engaging their members.
MAP helps credit unions educate their employees or members about credit union issues activates them to call on lawmakers through the use of customizable email templates and other tools.