Minn. credit unions share top priorities with Members of Congress
Monday, March 16, 2015
ST. PAUL, Minn. – Minnesota credit union representatives from across the state visited Capitol Hill on March 11 to deliver a unified message to members of the 114th Congress, joining nearly 5,000 credit union leaders who gathered at the Credit Union National Association’s (CUNA’s) annual Governmental Affairs Conference in Washington, D.C.
Minnesota’s credit union advocates met with all 10 members of the state’s U.S. Senate and House delegation or their staff to discuss the need for patent reform, reducing credit unions’ regulatory burden, enacting credit union charter enhancements, protecting credit union members from merchant data breaches, and preserving the credit union tax status.
“Credit unions do great things every day that positively impact the lives of every Minnesotan – including the more than 1.6 million who are credit union members,” said Minnesota Credit Union Network Vice President – Governmental Affairs Mara Humphrey. “It’s essential that our legislators understand what we do and that we keep them informed about the issues that affect credit unions.”
During the GAC, credit union advocates also meet with key regulators – such as the National Credit Union Administration and representatives of the Consumer Financial Protection Bureau – to share personal stories about their service to members under the credit union philosophy of "people helping people."
“The GAC is a great opportunity to meet with federal legislators and regulatory officials to advocate on behalf of credit unions,” said MnCUN President & CEO Mark Cummins. “But our work doesn’t end when we leave Capitol Hill. We are constantly keeping in touch with our legislators to advocate for credit unions and their members.”
The Minnesota Credit Union Network is the statewide trade association that works to ensure the success, growth and vitality of Minnesota credit unions. With nearly $20 billion in assets, Minnesota credit unions are local, trusted financial cooperatives that serve more than 1.6 million members at 400+ branch locations around the state. As not-for-profit institutions, credit unions give back to the communities they serve. For more information, visit www.mncun.org.