Northwest Contingent Prepares for CUNA GAC as Bankers Rally in D.C.

As the credit union movement prepares to head for the Hill next week for the Credit Union National Association (CUNA) Governmental Affairs Conference (GAC), more than 1,000 bankers flocked to Washington, D.C., this week for a legislative “fly-in,” working to preempt credit unions’ efforts to rally support for legislative initiatives.

As the two sides fight for traction on issues such as credit union member business lending (MBL) and supplemental capital, more than 4,000 credit union professionals and volunteers are expected to attend the CUNA GAC to advocate for the movement and for their members.

CUNA has advertising scheduled to run in Capitol Hill publications next week, with the American Bankers Association (ABA) currently running a radio ad in D.C. featuring ABA President Frank Keating working to counteract the credit union message.

A busy but productive week is expected for credit union representatives at the CUNA GAC, with several highlights throughout the week, including:

  • Monday afternoon: CUNA presents a detailed legislative and political update, with former Secretary of State Condoleezza Rice as one of the keynote speakers.
  • Monday evening: the Northwest Credit Union Association (NWCUA) leadership team welcomes the Northwest delegation  at a reception
  • Monday night: The National Credit Union Foundation (NCUF) hosts a dinner and presents the Herb Wegner Memorial Awards.
  • Tuesday morning: Oregon receives a national CULAC award for exceeding fundraising goals.
  • Tuesday: The Northwest delegation receives economic and political briefings and prepares for hill meetings with legislators.
  • Tuesday afternoon: Valley Credit Union CEO and NWCUA board member Jean Wheat-Palm tells the story of Suzanne Bonamici becoming a credit union champion through her participation on a CUNA National Election panel.
  • Wednesday will feature a packed agenda with a number of hill visits. Key initiatives include MBL and supplemental capital legislation, both of which will position credit unions to help with the economic recovery, provide loans that create jobs and better serve members.

NWCUA delegates leave this weekend for the conference. ‘Anthem’ will feature daily updates next week in addition to regular publications on Tuesday and Thursday. Check the NWCUA website for news, photos and stories from the Hill.

More information about the CUNA GAC is available online along with a full agenda.

 

Questions? Contact a member of the Association’s Legislative Affairs team:

Jennifer Wagner, Director of Legislative Advocacy
Mark Minickiello, Vice President, Legislative Affairs
Stacy Augustine, Senior Vice President & General Counsel

Posted in CUNA, Events, NWCUA.