Tennessee Legislature Wraps up 2022 Session
The 2022 portion of the 112th Tennessee General Assembly has concluded, marking the end of legislative business for the year. The 2022 session once again saw a coalition of credit unions, banks, and card companies team up to defeat harmful legislation that would have reduced interchange fee income that credit unions receive by 10%. While […]
Member Expulsion Goes from a Bill to a Law!
TriStar Advocacy Report School House Rock – Member Expulsion Goes from a Bill to a Law! On March 15, 2022, President Biden signed the $1.5 trillion omnibus spending bill into law, including lots of items like aid for Ukraine, funding for our government, and a small but essential piece of legislation to help credit unions. […]
2022 GAC Wrapup and Nashville Update
2022 GAC The 2022 CUNA Governmental Affairs Conference – and for the first time since 2020 in person – has come and gone. The conference featured many fantastic speakers and topics, including cryptocurrency, financial well-being for all, and many others. Sixty people represented Tennessee’s credit unions in Washington DC, meeting with federal legislators to discuss […]
Advocacy Update-Wrap Up of 2021
The past year saw many legislative victories for credit unions. Credit union advocates were prepared, ready and active throughout 2021 and made a big difference. Let’s look back on a few of the victories from 2021: In Nashville Interchange: The League teamed up with Bankers Association and card companies to defeat legislation for the second […]
Advocacy Update – November 2021
A BIG Advocacy WIN on IRS Reporting Provision Thanks to your advocacy and consistent grassroots action, over 9,000 messages were sent to our Tennessee delegation letting them know that our credit unions opposed the IRS Reporting Provision! Nearly 800,000 messages were sent by credit union advocates nationwide. The IRS Reporting Provision would have required financial […]
CUNA Governmental Affairs Conference (GAC) Registration Is Now Open!
After two years, the time is here to go back to the CUNA Governmental Affairs Conference (GAC) 2022 IN PERSON! Our hotel block at the Washington Marriott Metro Center for our Tennessee Credit Union Advocates is now open. Rooms for this event will be first come first serve. All rooms will need to be reserved no later […]
Tell Congress NO New IRS Reporting Requirement
In an effort aimed at increasing tax-payer compliance or closing the “tax gap”, the Biden Administration has proposed that financial institutions be required to report additional account holder information in an enhanced annual I.R.S. form 1099-INT. The proposal would require credit unions and other financial institutions to report to the Internal Revenue Service (IRS) how […]
TriStar Advocacy Update – April 8, 2021
Nashville After months of hustle and bustle in the state legislature, credit union business is beginning to head for a conclusion. The much discussed interchange legislation, thanks to so many of you, was defeated for this year in both committees of record. While it will certainly be back, its defeat allows us to focus our […]
Three French Hens – Of Advocacy!
As 2020 draws to a close, we want to remind you that Advocacy is a year round commitment. The credit union movement is strong because of our unified voice, and we want to be ready to go into 2021 stronger than ever! We wish you and your families a very happy holiday season and hope […]
Credit Unions Vote!
Election Day 2020 is less than a month away with early voting just around the corner! Credit unions have the opportunity to make their voices heard in the political process. Elections matter and 2020 is certainly no exception. Tennesseans will be casting their votes for US President all the way down to our state house […]