The Top Advocate for Credit Unions

As you continue to provide essential financial services to your members, we'll continue to break down barriers for you on Capitol Hill, leading the way in federal advocacy for credit unions.

2017 Testimonies - Large

Testified Six Times So Far in 2017

In the first half of this year alone we've placed six member credit unions as witnesses in front of Congress to advocate for:

  • Access to a strong secondary mortgage market. Read more
  • Reducing regulatory burdens and modernizing credit union powers. Read more
  • Highlighting cybersecurity and data security concerns and solutions. Read more
  • Helping credit unions meet member business lending needs. Read more
  • Improving SBA access for credit unions. Read more
  • Creating new credit unions. Read more

Recent Achievements on the Regulatory Front

We've worked hard to ensure the regulators are working in the best interest of credit unions, including gains in:

  • Promoting the credit union difference to the Administration.
    The Treasury's Report on the Financial System included 31 specific recommendations from NAFCU.
  • Expanding credit union powers through NCUA.
    NCUA officially recognized federal credit unions' authority to issue and sell securities.
  • Fighting for a true risk-based capital system.
    We continue to raise credit union concerns with the RBC final rule resulting in a response from NCUA to revisit the risk-based capital regulation.
  • Achieving the most comprehensive field-of-membership reform in a decade.
    I
    ncluded a number of NAFCU's long-sought recommendations.
  • Keeping the CFPB on their heels.
    Succeeding in delaying the release of several rules that would be harmful to credit unions and the agency reassessing several burdensome rules like the remittance rule and the mortgage servicing rules.

Join the Fight

You are the best advocate for your credit union. Join us in September at our Congressional Caucus in Washington, D.C. to get invaluable face time with your representatives. With the uncertain political climate, this year your participation is more important than ever.

Sign up for important updates from Washington with our free, daily enewsletter, NAFCU Today.

Explore NAFCU Membership

Learn how NAFCU can help your credit union grow stronger. Schedule a live "Membership 101" webinar with us and your staff. We will cover the specific benefits, tools and resources we provide, talk with you one-on-one about how we can better serve your credit union and answer any questions you may have.