Northwest Advocates Make Timely Trek to Washington, D.C.

A delegation of 14 Northwest credit union advocates joined the Northwest Credit Union Association’s Jennifer Wagner and Samantha Beeler in Washington last week for the “Spring Hike the Hill.”

Their timing was positive, as the Financial Services Committee was considering H.R. 10–the Financial CHOICE Act. The bill–which advanced out of committee following more than 30 hours of hearings–contains some provisions that could benefit credit unions, but still has issues of concern. However, it is an important first step in a comprehensive discussion about regulatory reform for credit unions. The Association and the grassroots advocacy army continues to engage with members and staff to encourage favorable regulatory relief for credit unions.

The delegation met with elected officials and staff representing both political parties, from Idaho, Oregon, and Washington.

“We took the opportunity to meet with staff from the Senate Banking Committee to discuss the economic growth package in development,” said Wagner, senior vice president of advocacy for the NWCUA. “We see the  package as a pertinent vehicle to include regulatory relief for credit unions.”

Members of Congress are back in their home districts this week, and return to the Beltway the week of May 15. The Association will continue to closely monitor H.R. 10 and other legislation of interest to credit unions, Wagner said.

The Spring Hike marked the second face-to-face presence of Northwest credit unions in Washington. In February, 260 advocates visited with all Northwest Representatives and Senators during the Credit Union National Association Governmental Affairs Conference (CUNA GAC).

A Fall Hike the Hill is scheduled for Sept. 12-14. More information is available online.

Editor’s Note: Connect with legislators to influence credit union policy advancement. Reach out to Samantha Beeler at sbeeler@nwcua.org.

Posted in Advocacy News, Around the NW, Compliance News.