Congressional Caucus

Credit Union CEOs: Claim Your Free Registrations Now!

Register for free to attend. Mastercard and Visa have teamed up with NAFCU to help sponsor this year's Congressional Caucus. Thanks to their generosity, we’ll cover your member registration as the CEO plus one more from your credit union to come to Caucus and lobby lawmakers. Email us or call 800.344.5580 to have previous registration reimbursed or register now for free. Unite against the Credit Card Competition Act in D.C. Act now—the conference hotel and event space is limited! 

Support Credit Unions at the Industry’s Most Intimate Advocacy Event

In today's uncertain political environment, you can make more of a difference than ever. Protect your members by advocating on their behalf on Capitol Hill. Your insights will help Congress understand why and how it needs to act against harmful regulatory burdens and make sure credit unions have a seat at the table when determining future laws that govern our industry. We make it easy by offering you the most personal access to lawmakers and regulators of any credit union advocacy event.

Top political risks to credit unions

The new Credit Card Competition Act in the Senate would be a detriment to credit unions and your members if passed. It would essentially be a back-door price control on your credit card interchange. While the bill seeks to limit these new requirements to only institutions over $100 billion, the history of the failed exemption in the Durbin amendment has shown that market changes will negatively impact all institutions.

The CFPB has proposed a rule that would slash credit card late fees by over 60% from $30 to $8, taking away yet another critical source of fee income that many credit unions use to provide affordable financial services to their members. Here are 5 more:

1. CFPB attacks on credit union non-interest income
2. Leveling the playing field with unregulated fintechs
3. Bank attacks on our tax exemption
4. Increasing risk of redundant new laws on privacy
5. Government takeover of small business lending

Join us at the premier credit union lobbying event of the year, September 10 – 13, 2023 in Washington DC, and engage with lawmakers on behalf of credit unions.