Credit Unions from Six States Visit Capitol Hill for Spring Meetings | 2022-06-16

Advocates from the six states represented by the Mountain West Credit Union Association and the soon-to-merge Northwest Credit Union Association traveled to Washington, DC, for visits to Capitol Hill June 8-9.

Following meetings at 27 congressional offices, the staff of Rep. Joe Neguse, D-Colo., told the Association that he had signed on to co-sponsor the Credit Union Board Modernization Act (HR 6889).

Senator Kyrsten Sinema, D-Arizona. introduced a Senate version of the legislation days earlier. The bills would reduce the number of council meetings required each year.

Advocates called on representatives to support this legislation and shared priorities such as expanding financial access for underserved communities, extending loan terms, data privacy, and more.

NCUA President Todd Harper also hosted visitors for a meeting the day after he was confirmed by the Senate for a full term on the board. Attendees also met with Vice President Kyle Hauptman, while Board Member Rodney Hood came to Colorado for a meeting with the Association team and credit union advocates on June 13.

Priorities discussed during the three meetings included fintech opportunities for credit unions, modernization of the Central Liquidity Facility and other topics.

Additional tour information can be found here.

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