Grassroots Army Insight on the Economic Growth, Regulatory Relief, and Consumer Protection Act


Advocates from Idaho Central CU, Northwest Christian CU, Simplot Employees CU, CapEd CU, Clarity CU, and Advantage Plus CU joined NWCUA and Sen. Mike Crapo in Boise Feb. 20 in support of S. 2155.

During the President’s Day recess, Idaho Senator Mike Crapo reached out to consumers and media in his home state to illustrate how the Economic Growth, Regulatory Relief, and Consumer Protection Act will help Main Street, USA.

Joining the Senator as speakers were Northwest Credit Union Association (NWCUA) President and CEO Troy Stang, and Northwest Christian Credit Union President/CEO Brad Swartzentruber.

In addition, the presence of a grassroots army of Gem State credit union employees spoke volumes. They made time to support Stang, Swartzentruber, and Sen. Crapo at the event.

From their perspective, it was well worth the time investment.

“We are well-served by Senator Crapo, and I wanted to show my support of him,” said Valerie Brooks, CEO of Caldwell-based Simplot Employees Credit Union. “Credit unions have been the champions of protecting our members since the beginning of the credit union movement. S. 2155 increases protection for elderly consumers who fall victim to fraud and tough financial times. Of specific importance is that the bill encourages institutions to report suspicious behavior if seniors could be getting financially scammed.”

Here are more quotes from advocates:

  • “Just as in other sectors of business in the United States of America, over-regulation has stifled growth opportunities. It was a great relief to see legislation being introduced that will allow smaller financial institutions to better serve their communities. Thank you, Senator Crapo.” – Tom Doan, Branch Supervisor, Clarity Credit Union, Nampa, ID
  • “It was great to see our advocacy efforts at work and the results of this legislation that will help bring regulatory relief for all credit unions.” -Todd Erickson, President/CEO, CapEd Credit Union, Meridian, ID
  • “As a young credit union professional, I think advocacy is key to growing and strengthening the credit union movement. We are the future leaders of our credit unions and our active attendance at key meetings, such as Sen. Crapo’s event, shows that we are invested and dedicated to the members that we serve.” -Kaitlin Johnson, Assistant Branch Manager, Idaho Central Credit Union, Meridian, ID
  • “Senator Crapo’s bill is for common sense regulatory relief. It is targeted to provide relief for smaller institutions, such as credit unions. It will help local economies across America while keeping in place the Dodd Frank regulations originally meant for the huge banks that were the reason for the original bill.” -Kurt Payne, CFO, Advantage Plus Credit Union, Pocatello, ID

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Posted in Advocacy News.