How CUs can connect with lawmakers at home
NAFCU Director of Political Affairs Chad Adams is encouraging credit unions to take advantage of the House and Senate being in their home districts and states this week to advocate on a number of key issues.
NAFCU's Grassroots Action Center is a central location for credit unions to get contact information for their lawmakers to set up local meetings, review background information on the important issues and find the tools they need to take action.
Currently underway in Congress are NAFCU-led efforts to:
- get more guidance and relief under the current expected credit loss (CECL) standard;
- exclude veterans' loans from the statutory credit union member business loan cap;
- give the NCUA greater flexibility in setting loan maturity limits under the Federal Credit Union Act; and
- enact a national data security standard.
Adams also encourages credit unions to sign up for the association's Congressional Caucus, Sept. 8-11 in Washington. The annual event brings hundreds of credit union advocates to the nation's capital to meet directly with their representatives and senators. Attendees will also hear from key administration, regulatory and legislative officials over the course of the week.
Those interested in attending Congressional Caucus can save $200 off registration with the code CAUCUSAVINGS through July 12.
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