Credit Union Advocacy Priorities During August Recess
Under the MBL discussion, one of the action items is to ask MBL cosponsors to weigh in with NCUA in support of its MBL proposal. CUNA has prepared a sample letter. Credit unions are strongly encouraged to comment on the proposal. Credit unions can file their comments using PowerComment.
The LSCU represents the interests of credit unions in Alabama and Florida before federal and state legislative and regulatory bodies. The goal of the LSCU is to strengthen and preserve an independent credit union movement that will empower members and all consumers.
During each legislative session, the LSCU’s governmental affairs (GA) team develops an extensive list of issues that cover banking, finance, insurance, commerce, education-along with a myriad of other topics, and actively lobbies members of the Alabama and Florida legislatures for the passage or defeat of bills that impact credit unions. The GA staff also works closely with CUNA to actively advance the national credit union legislative agenda through advocacy.
The LSCU provides credit unions with updates and communications regarding state and federal legislation. It also provides numerous opportunities over the course of the election cycle for credit union members, volunteers, and staff to interact with elected public officials. Many of these are social in nature, where the chance to know your congressional or state legislator is of a more relaxed nature. Others are campaign related where you can participate in the election or reelection of someone who has proved themselves “credit union friendly.” Credit unions’ strength in the political arena is based primarily on grassroots efforts. While we are a movement of volunteers, we also remember the importance of a financial commitment to support our friends in office, and our friends seeking office.
The GA team works closely with the LSCU Governmental Affairs Committee (GAC), made up of credit union leaders from around Alabama and Florida.