Congress is recognizing that in just two weeks, 4,000 credit union leaders will be in Washington for CUNA’s Governmental Affairs Conference.  As a result, credit union legislative activity is heating up.  We’re hearing Reps. Peter King (R-NY) and Brad Sherman (D-CA) plan to re-introduce their capital reform bill soon, perhaps even next week.  It will be similar to last year’s bill, authorizing NCUA to permit new sources of supplemental capital and taking care to ensure credit unions’ not-for-profit, cooperative structure is unaffected.  We also anticipate Rep. Ed Royce (R-CA) and Sen. Mark Udall (D-CO), either before or during the GAC, will re-introduce their bills raising the MBL cap. To read more, sign-up for the CUNA Cheney Report HERE

The National Hike The Hill that took place in Washington, DC last week was another opportunity to push the Member Business Lending initiative to all three states legislative delegations.  We’d like to thank our credit union leaders who took time to travel to Washington last Wednesday and meet with our Congressional and Senatorial delegates:

Dan Desmond – TruWest CU
Nathanael Tarwasokono – Pima FCU 
Rob Elias – Pima FCU
Emma Garcia – Desert Schools FCU
Gary Sneed – Desert Schools FCU
Robert Ramirez – Vantage West CU
Steve Mott – Vantage West CU

Sundie Seefried – Partner Colorado CU
Brad Harvey – Horizons North CU
John Ruby – Bellco CU
Gerry Agnes – Elevations CU

Todd Hilling – Sheridan Community FCU

Upcoming Events


January 8: WY Legislative Reception
February 24 – 28: GAC in Washington, DC

Upcoming Events


Make an impact by attending the 2013 CUNA Governmental Affairs Conference
Join other champions of the credit union movement at the Governmental Affairs Conference, February 24-28 in Washington, D.C. Help demonstrate to our newly elected and veteran representatives how our commitment to our members makes credit unions different from other financial institutions. Take action today! If you are interested in participating in Capitol Hill visits, please contact your Association's Government Relations Department for more information. For more details about the conference, visit gac.cuna.org

2012 National Hike The Hill
As we continue to push for MBL legislation passage during the “lame duck” session following the election, a National Hike the Hill is being tentatively planned for the week of Nov. 26, 2012 (the week after Thanksgiving). Once the election is over, a firm date will be set and more details, such as briefing and reception information will be provided. If you know any small business owners that would like to join us for the National Hike, please make them aware of the tentative dates and plan accordingly.  Watch for more information in the near future.

Watch for emails with additional information in the near future.  If you have questions, please contact your Government Relations Department at 720-479-3209 or dlarrabee@mwcua.com.

Credit unions are preparing to celebrate International Credit Union (ICU) Day Oct. 18 with a simple message: Members Matter Most.  For more information Read Here