FOR IMMEDIATE RELEASE
April 9, 2019
Congressional activity is on the rise this week as Credit Union National Association (CUNA) spotlights advocacy priorities for America’s 115 million credit union members in three appropriations letters and one resolution letter.
Several House Appropriations subcommittees held hearings on federal agency budget requests for fiscal year 2020 involving the Department of Treasury, Department of Justice and Internal Revenue Service (IRS).
CUNA also sent a letter for the record in support of H. Res. 275, supporting the goals and ideals of “Financial Literacy Month.”
Credit unions have a long history of providing financial support and counseling to consumers in need. Financial education is offers to both young and older credit unions. Lending from credit unions is done in a safe and affordable way – including those facing financial struggles – with small dollar, auto and mortgage loan products. One recent example of this includes zero interest loans provided to Federal workers impacted by the government shutdown. Credit unions are committed to financial literacy and arrange solutions for those facing debt or other financial burdens. The National Credit Union Foundation hosts Financial Reality Fairs where students can experience some of the financial challenges they will face upon graduation. Read more here.
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.