NWCUA to Convene Federal Charter Work Group

Building on success ensuring state charters remain relevant, the FCWG will prioritize credit unions’ federal policy advancement agenda.

6/11/2019 

US Capital

The Northwest Credit Union Association is taking a new step to include credit union thought leaders in shaping the federal policy advancement agenda. NWCUA is convening the first Federal Charter Work Group this summer. Modeled after well-established State Issues Work Groups, which have helped to shape legislative priorities in Idaho, Oregon, and Washington, the FCWG’s focus will be ensuring credit unions remain relevant. 

“Your Association wants to be fully aware of your challenges, limitations, and opportunities to improve the federal charter statutes and rules,” said Samantha Beeler, Vice President, Advocacy. “We need your input as industry leaders helping to identify barriers, and what your future needs will be to compete in the ever-changing financial services marketplace.” 

The FCWG will work diligently from August to October to review all input and recommend which legislative and regulatory priorities should be addressed. Following the FCWG’s report, the Governmental Affairs Committees in Idaho, Oregon, and Washington will recommend the final 2020-2022 policy advancement agenda to the NWCUA Board of Directors. 

To ensure credit unions’ continued success, we must take every opportunity to engage and advocate,” Beeler said. “We are privileged to have a delegation of federal elected officials from the Northwest who appreciate the work of credit unions, and they are serving in leadership positions on key committees.” 

Recommendations for the FCWG should be sent to the NWCUA Governmental Affairs Team as soon as possible.