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Policy & Issues
CU leaders talk data security, reg relief during ‘Hike the Hill’
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
— WI CU League (@WICULeague) September 26, 2018
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. #AdvocacyInAction pic.twitter.com/nOSMlI0FSv
— Ohio CU League (@WeAreOCUL) September 27, 2018
You will not find a stronger voice for credit unions in Congress than @RepTomEmmer. He and his staff are top notch and @mncreditunions can’t thank him enough for all he does. pic.twitter.com/moudxICbKY
— Ryan Smith (@rmsmith44) September 26, 2018
@RepBeatty LOVES #CreditUnions as we helped her secure a loan when other financial institutions wouldn’t take the chance. She is an amazing CU champion who always LOVES our leave-behinds! #CommonSenseReg.#BetterTogether #AdvocacyInAction #LeagueForYou pic.twitter.com/SZ6IRSsrLy
— Ohio CU League (@WeAreOCUL) September 26, 2018
@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! #HikeTheHill pic.twitter.com/Gc5avNC8Fd
— WVCreditUnions (@WVCUL) September 26, 2018
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. #HTH18 pic.twitter.com/8RqOeWp5Or
— Jenny Hoyle (@JennyJHoyle) September 27, 2018
Great meeting today at @TheNCUA with Chairman McWatters and Regional Director Freed. #IowaCreditUnions pic.twitter.com/ffxcyaa4W9
— Iowa CU League (@icul) September 26, 2018
Fall 2020
Credit Union Magazine’s Fall 2020 edition examines business lending, crisis management, credit union awareness, PPP issues, and diversity, equity, and inclusion.