CU leaders talk data security, reg relief during ‘Hike the Hill’
September 28, 2018
Wisconsin credit union leaders talk with Speaker of the House Paul Ryan (R-Wis.) during their Hike the Hill visits this week.
Hundreds of credit union leaders from 10 states met with elected officials and other policymakers throughout Washington, D.C. this week as part of their “Hike the Hill” visits. Credit unions and leagues from California, Iowa, Kentucky, Michigan, Minnesota, Nevada, Ohio, Vermont, West Virginia and Wisconsin participated in this week’s visits
The credit union tax status was chief among topics discussed with legislators this week. Credit unions emphasized how, despite false banker attacks, the credit union mission and structure remains unchanged since its tax status was granted.
Other topics discussed include payment and data security, housing finance reform, combating elder financial abuse and regulatory relief.
More than 30 credit union young professionals prepared for the week’s activities with CUNA’s young professionals advocacy training.
Two young professionals, high schoolers that work for Firefly CU, Burnsville, Minn. in a student branch, accompanied their credit union and the Minnesota Credit Union Network to Washington, D.C. The two attended several hill meetings, including one with Sen. Tina Smith (D-Minn.).
Activists had a very productive day in D.C. with the WI delegation as part of #HiketheHill. We were joined by @CUNA's Jim Nussle and had a chance to thank House Speaker Paul Ryan for his years of support for 3 million #creditunion members in WI and 110M members nationally. pic.twitter.com/dxWMiWqjcQ
A champion for Main Street, not Wall Street, @SenSherrodBrown, has a special place in his heart for #CreditUnions. Though we sometimes have differences on policy, we appreciate both he and his team for their candor and willingness to listen to our concerns. #AdvocacyInActionpic.twitter.com/nOSMlI0FSv
@Sen_JoeManchin discussing and brainstorming with WV credit unions on what is needed to help members including regulatory relief to get capital back into rural WV. Thank you for joining us and for your continued support of WV CUs, Senator! #HikeTheHillpic.twitter.com/Gc5avNC8Fd
Productive day today advocating on behalf of credit unions & our member-owners! With the BCFP, we discussed the need for merchant #datasecurity standards to protect credit/debit card info & for Reg. E error resolution rule updates to combat fraud. #HTH18pic.twitter.com/8RqOeWp5Or
Credit Union Magazine’s Summer 2023 issue highlights the lending outlook for the rest of the year, how credit unions leverage fintech companies to boost digital lending, the power of lending partnerships, common Bank Secrecy Act violations, and the shift board members must make when becoming chair.
