FOR IMMEDIATE RELEASE
CONTACT: Lauren Williams – CUNA Communications; (202) 626-7642; email@example.com
Washington, DC (November 9, 2018) – Credit Union National Association (CUNA) released a whitepaper highlighting the 2018 midterm elections impact on credit unions. The in-depth analysis provides details on credit union involvement in the election, what the results mean for Main Street institutions and CUNA’s advocacy plans for the 116th Congress. Despite the divided Congress, credit unions are confident in their ability to operate in a challenging legislative environment.
“We look forward to educating newly elected Members of Congress on the credit union difference and ensure credit unions are part of their economic agendas,” CUNA President/CEO Jim Nussle said. “Credit unions need friends and champions in their corner who understand their cooperative nature. The fight for common sense regulation continues as we strive to provide unmatched financial services to families of diverse socioeconomic backgrounds.”
The trade association, representing America’s 110 million credit union members, has a proven track record of breaking through during a time of political gridlock. And despite the suspected tension across party lines in the House Financial Services Committe, CUNA believes credit unions will present a strong case among new leadership. Finding support where there is common ground will be an essential tool for long-term success.
“Our well-connected and bipartisan team takes a 360-degree approach to advocacy. With credit unions at the center, CUNA works hard to engage key stakeholders from the legislative, regulatory and legal level,” Nussle added. “As we head into 2019 with a new Congress it is essential that we attack credit union issues from all directions in order to advance our policy priorities.”
CUNA, leagues and credit unions invested nearly $7 million in 388 House and Senate races this year, winning 349 of them, as of Thursday afternoon.
Read the whitepaper in full here.
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Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 110 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org.