Impactful week during 2020 CUNA GAC advances CU Movement

Published by: Andrew Canan

March 4, 2020 | Education & Training, Government Affairs

With more than 5,500 credit union leaders descending on Washington, D.C., the CUNA GAC proved to be another impactful week for credit unions across the country. Stressing the importance of the credit union difference, more than 60 of your fellow Ohio credit union leaders hiked the Hill last week and met with each of Ohio’s 18 congressional offices. They reminded congress why credit unions are the best financial institution for Ohioans over their for-profit counterparts who visited the Hill earlier in the day. They spoke to how they’re able to uniquely serve their members thanks to the not-for-profit cooperative model and shared some of the great programs they have in place to serve their communities. The need for uniformity of data standards, while also including federal pre-emption in any potential legislation rather than patchwork regulations across the country, was also stressed. Finally, while meeting with the offices of Senators Brown and Portman, the need for cannabis banking was highlighted so credit unions can serve legal businesses in the state of Ohio. Cannabis banking would also resolve the public safety concerns surrounding the mostly cash-based businesses.

If you’d like to hear more about Ohio’s presence and impact at the 2020 CUNA GAC, reach out to Manager of Legislative and Political Advocacy Andrew Canan.

CONTACT US

E: acanan@ohiocul.org
T: (614) 923-9710
C: (614) 512-0330

Other Movement News

Government Affairs

Credit union data protection efforts shared with Congress

Financial fraud is everywhere; account takeovers, elder scams, counterfeit checks, and stolen credit cards are just a few examples. The U.S. Senate Committee on Banking, Housing, and Urban Affairs held […]
Regulatory

League joins brief to protect commercial lending

While your credit union tries to remain focused on members, services, and the problems already on your plate, the League looks to prevent any new issues from showing up. That […]
Member Benefits

League welcomes new marketing coordinator

This month, the Ohio Credit Union League welcomed Morgan Hoy, marketing coordinator, to the team. Morgan brings diverse marketing and communications experience. Most recently, she managed her own freelance marketing […]