CUNA News
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • Credit Union Magazine
    • Buyers' Guide
    • COVID-19
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • Advertise
  • Topics
    • Community Service
    • Compliance
    • Credit Union Hero
    • Credit Union Rock Star
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Sales & Service
    • Technology
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Contact

News

Home » Increased broadband access will help CUs fulfill mission
Policy & Issues

Increased broadband access will help CUs fulfill mission

October 6, 2021
2020-08-118296

Rural and underserved communities need access to a trusted, local financial partner, CUNA wrote to a House Energy and Commerce subcommittee Wednesday for its hearing on strengthening communications networks.

“Credit unions have taken action to help bridge the digital divide and create equitable digital access. Credit unions have donated digital devices to their community, supported grant programs, and connected their members to digital literacy programs,” the letter reads. “Of course, more needs to be done to ensure digital access and financial access, especially in rural and underserved communities.”

CUNA adds that the significant bank branch consolidation over the last 15 years has resulted in credit unions increasingly left as the local financial institution of record in local communities, making them well positioned to help.

“But credit unions face many barriers to fulfilling their mission to improve their members’ financial well-being and advance the communities they serve, including inadequate broadband availability to connect members to their credit unions,” the letter reads. “That is why we applaud the attention the Subcommittee is giving to these issues as well as the legislation aimed to make interagency interaction and communication around broadband deployment and availability a higher priority. Enhanced broadband availability and affordability is critical to financial inclusion and will help credit unions fulfill their mission.”

Credit Union Magazine: Spring 2023

Spring 2023

Credit Union Magazine’s Spring 2023 issue features the 2023 Credit Union Heroes and examines CUNA-League advocacy priorities, board leadership, the impact of financial well-being efforts, fee-related compliance issues, predictions for the year ahead, and more.
Digital Edition •  Subscribe

Trending

  • Compliance: FinCEN issues issue BOI reporting guidance

  • Bill would establish ‘appropriate compliance timeline’ for section 1071

  • CUNA Mascot Madness: One semifinal set; Vote for the best in the West

Tweets by CUNA_News

Polls

CUNA Mascot Madness: Which South Region mascot is your favorite?

View Results
More

Champion for the Credit Union Movement

Credit Union National Association is the most influential financial services trade association and the only national association that advocates on behalf of all of America's credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • Membership
  • Contact Us
  • Careers

Resources for

  • Credit Union Advocates
  • Leagues
  • Press
  • Providers

Our Affiliates

  • American Association of Credit Union Leagues (AACUL)
  • Credit Union Awareness
  • Credit Union House
  • CUNA Strategic Services
  • National Credit Union Foundation
GET CUNA UPDATES
© 2023 Credit Union National Association | ADA Compliance Notice & Legal
Email Us