2020 advocacy agenda: protecting the not-for-profit structure
Published by: Emily Leite
March 4, 2020 | Government Affairs
We’re living in a new decade, but the League’s mission remains the same with a laser focus on helping credit unions grow and serve their membership by protecting the not-for-profit structure. Your League is committed to a robust strategy to tackle this and other state and federal advocacy priorities in 2020.
We all know credit unions and banks are structurally and philosophically different, which inevitably results in several public policy differences that are debated in the halls of Congress and the Ohio Statehouse. To avoid a costly and unproductive public battle, we developed a positive working relationship with the Ohio Bankers League this past year and will continue to partner on advancing common interests in 2020. This partnership has helped us move the needle on several high-profile issues, such as securing support from Senator Rob Portman for the SAFE Banking Act and advancing the Ohio Cyber-Crimes Act in the state legislature. Where it makes sense, we’ll continue to work together to advance common interests, while simultaneously defending the credit union not-for-profit status. It’s our expectation that we’ll avoid any serious or costly threats to the system, but if a threat were to arise, we’re prepared to respond quickly and effectively with our evolving grassroots network.
If you would like to learn how you or your credit union can help with our efforts, we encourage you to contact Senior Vice President of Advocacy Emily Leite, Director of Legislative and Political Affairs Cory Fleming, or Manager of Legislative and Political Advocacy Andrew Canan.
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