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11/5/2014
CUNA Mutual: Recapture Loans and Target New Opportunities

Hike the Hill

Hike the Hill

Hike the Hill provides credit union representatives with an exciting opportunity to meet with federal legislators and talk about top credit union issues, face-to-face, in Washington, D.C. During Hike the Hill visits, credit union professionals and volunteers meet with the entire Minnesota Congressional Delegation and typically visit the NCUA Board, CUNA and/or Credit Union House on Capitol Hill.

The three-day Washington, D.C., trip will include a legislative and regulatory briefing with CUNA to provide information on the critical issues facing credit unions as well as background information about the current happenings on the Hill.  Attendees will then meet with offices of Minnesota's Congressional Delegation. The trip will also include visits to regulatory agencies including the NCUA.



Hike the Hill 2014 Recap
 
Minnesota credit union 

advocates meet with Sen. Al Franken.

Representatives from seven Minnesota credit unions and the Minnesota Credit Union Network (MnCUN) were in Washington, D.C., June 9-11, during the MnCUN’s annual Hike the Hill event. The three-day trip included a legislative and regulatory briefing with the Credit Union National Association (CUNA) and visits at the offices of Minnesota’s congressional delegation.

During visits with legislators and regulators, the Minnesota attendees discussed several issues impacting credit unions – focusing on the National Credit Union Association’s risk-based capital proposal. Twenty-nine of MnCUN’s member credit unions have filed comment letters about this proposal.

Attendees also met with NCUA Chairman Deborah Matz, as well as the chief of staff for NCUA Board Member Rick Metsger. In addition to risk-based capital standards, those discussions focused on the challenges credit unions are facing with conducting operations in today’s stringent regulatory environment, including credit union examinations.

Other topics covered during the visits with legislators and regulators were member business lending, data security, housing finance reform and credit union charter enhancements.

“Hike the Hill gives us an opportunity to meet face-to-face with the legislators and policy-makers who directly impact the credit union industry,” said MnCUN President & CEO Mark D. Cummins. “It’s important for us to meet with these federal officials so we can advocate effectively on behalf of Minnesota credit unions and their members.”

 

Questions?

With questions about Hike the Hill, contact MnCUN Political Advocacy Director Ryan Smith by email or at (651) 288-5533.