FOR IMMEDIATE RELEASE     

March 13, 2019    

Washington, DC   

Jim Nussle, CUNA president/CEO, released the following statement after Congressman Brad Sherman (D-CA), spoke at the 2019 Credit Union National Association Governmental Affairs Conference (CUNA GAC): 

“We thank longtime credit union friend Congressman Sherman for speaking at CUNA GAC. He is doing everything possible to narrow the scope of harmful proposals that could impede upon the great work that credit unions do every day.” 

Sherman highlighted key credit union issues including data security, PACE Loans, capital growth, privacy notifications, and interchange fees. He reassured credit unions of their rightful tax exemption status, “Don’t let them tell you it’s a loophole; don’t let them tell you that you’re not paying taxes when in fact, you are.”   

Chief Advocacy Officer Ryan Donovan served as Sherman’s legislative director before joining CUNA.  

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About CUNA:    

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 115 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. To find your nearest credit union, visit YourMoneyFurther.com. 

CONTACT:   

Lauren Williams  

CUNA Communications  

202-672-3396