Credit Unions Successful in Advocating for Serving Military Members - December 10, 2019

Jordan Beyer

The 2020 National Defense Authorization Act was just signed, and the language does not contain Section 2821 of the Senate-passed version of the NDAA that would have expanded access to nominal leases on military installations for banks and require the Department of Defense (DoD) to treat banks and credit unions on military installations equally when it comes to land leases. A big thank you to our defense credit unions and the work of all of our credit unions have done to lobby for and support Chairman Adam Smith (D – WA 9) who played a key role in this work.