Consumers and merchants alike benefit from the current interchange system but some lawmakers in Washington, DC are looking to make changes that could impact credit card security for consumers, make it harder for people to access credit, and increase costs to small businesses. Tell your lawmakers to keep the current interchange system that protects cards keeps the economy flowing.
There are also opportunities to advance the credit union movement with the introduction of the The Expanding Financial Access for Underserved Communities Act and the Credit Union Board Modernization Act. These bills would modernize the Federal Credit Union Act to help credit unions operate more efficiently to meet their members' needs.
Now is the time to remind members and credit union employees why being engaged in advocacy is essential to protecting our industry. We’re challenging all our member credit unions to increase the number of advocates during the GREAT Month. To help, please use the resources in the GREAT toolkit to help engage new staff and members in the effort.
The Pulse is MnCUN's newsletter that keeps credit union professionals and board members updated on current news and information.