Help Roll Back Regulatory Burden

CUNA is seeking credit unions to help generate powerful data on the rising costs of regulatory burden. They are recruiting 150 credit unions to join the second phase of its Regulatory Burden Cost Study.  

This landmark research will arm the NWCUA and CUNA in advocating to roll back regulatory overreach and its associated costs.

“In order to fight the burden of unnecessary regulation, we need a crystal clear picture of how much that burden costs credit unions and their members,” said John Trull, AVP of Regulatory Affairs for the NWCUA. “That’s exactly what this study will give us, so when we go to Congress and our regulators, we can show them exactly how rolling back those burdens will help the American people.”

Participating credit unions will receive a personalized regulatory burden report detailing how their regulatory costs compare with similar credit unions. They will also get access to best practices for reducing costs, telephone support throughout the course of the study, and access to an exclusive webinar describing the study’s results.

This phase of the study consists of a survey that participating credit unions will fill out regarding the regulatory burden they face. The study is expected to take about two person-days to complete.

The analysis will be conducted by Cornerstone Advisors.  Only their analysts will have access to any individual credit union data.  The final report for use by credit unions, the leagues and CUNA will provide only aggregate information. 

If your credit union is interested in participating, please contact NWCUA AVP of Regulatory Affairs John Trull at jtrull@nwcua.org or 503-350-2209.

Questions about this story? Contact James Pearson: 206.340.4790, jpearson@nwcua.org.

Posted in Advocacy News, CUNA, NWCUA.