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Lawmaker visit and awards dominate day three of the CUNA GAC

The biggest headlines of day three of the CUNA GAC came when Rep. Spencer Bachus (R-AL) told the crowd that interchange fees would once again be looked at by Congress. A number of representatives echoed those sentiments. No timetable was given on when it would be addressed.

Alabama and Florida credit union attendees made their first lawmaker visit on Tuesday. Rep. Debbie Wasserman Schultz (D-FL) addressed both states given her standing in the Democratic Party. She said small businesses needed access to capital and that she was in favor of the tax exemption. She told the attendees that she needs them to work with her on issues and that government can be the solution.

A couple of awards were handed out. Art and Mary Wood, Florida CEOs from the Tampa Chapter, were presented with the Buck Levins award from CUNA. The award goes to those that raise the standing of credit unions in the political arena. It's the first time a couple has been chosen. The award was handed out an LSCU reception. Rep. Bill Posey (R-FL) also attended the reception and received the LSCU Federal Lawmaker of the Year award. He has stood with credit unions for years. Rep. Posey has co-sponsored almost every piece of credit union legislation. Rep. Jo Bonner (R-AL) was chosen for Alabama, but he was under the weather and could not attend.

Click the video below to see the LSCU from the GAC which features Rep. Posey, the Woods and the interchange fees discussion. Also "like" the LSCU Action Center Facebook page for more photos.

Art and Mary Wood stand with the Buck Levins Award.

Rep. Bill Posey (R-FL) stands with LSCU President/CEO Patrick La Pine after receiving the LSCU Federal Lawmaker of the Year Award.

Rep. Debbie Wasserman Schultz (D-FL) addresses credit unions.

Rep. Spencer Bachus (R-AL) tells the CUNA GAC crowd that interchange fees will be addressed again.

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