Applications Open to CRASH the GAC 2024
The Cooperative Trust is now accepting applications for its popular CRASH the GAC program. It’s an opportunity for emerging leaders to deepen their connection to the credit union mission at the Governmental Affairs Conference, the industry’s largest advocacy event of the year. The Governmental Affairs Conference is the industry’s opportunity to highlight the meaningful work […]
U.S. House Votes to Oust Speaker McCarthy
In a historic vote, the U.S. House of Representatives voted to “Vacate the Chair” and oust Speaker McCarthy, a move that’s been tried a few times in history, but never succeeded until now. Because this is the first time this has ever happened, there’s some uncertainty surrounding the powers that “Speaker Pro Tem” Patrick McHenry […]
Tennessee Credit Unions Travel to D.C. to Advocate That Interchange Works
Tennessee credit union leaders are in D.C. this week meeting with the entire Tennessee delegation to let them know that interchange works. Consumers can access immediate credit, merchants receive guaranteed payments and financial institutions provide a safe and secure product. The Credit Card Competition Act of 2023 (CCCA) will limit financial services access, increase fraud […]
Interchange is the Cost of Accepting Credit Cards
As we wrap up the August District Work Period, the Credit Card Competition Act of 2023 (CCCA) seems to still be the main focus! We know that convenience stores and other retailers are ramping up their grassroots efforts to get the CCCA passed, we have to do our part to stop it. We are expecting […]
Enbright Credit Union Hosts Congressman John Rose for Informative Discussion on Tennessee Credit Unions
Enbright Credit Union had the honor of hosting Congressman John Rose of the 6th district of Tennessee for a productive and enlightening discussion on matters crucial to our local community. The visit took place on Tuesday, Aug. 8, at Enbright’s Donelson Financial Center. During the visit, Congressman Rose, who serves on the House Financial Services […]
Credit Unions Advocate for Members During Congressional Recess
August signals back-to-school time for many children and families. For representatives in Congress, the month is about going back to their districts to hear from their constituents. These personal meetings are some of the most effective means of political communication. The in-district connections play a vital role in building relationships with lawmakers who make decisions […]
Big Box Bill to Negatively Impact Consumers
Today, consumers across the country rely on credit cards to make purchases. The proposed Credit Card Competition Act (S. 1838/H.R. 3881) threatens card security and credit unions’ ability to provide member services—including the ability to offer credit cards. Watch this video to learn more about how the Big Box Bill will negatively impact consumers.
Advocacy Update
Interchange continues to be topic number one on the advocacy front. The restaurants were in Washington last week, beating the drum for the need for the Credit Card Competition Act (CCCA). Your League and CUNA sent a letter [PDF] to the Hill detailing the problems with this legislation and the harm it will do to […]
Ways to Take Action to Protect Interchange
With the CUNA-League System, we are continuously advocating for credit unions and credit union members. We are diligently working to oppose the proposed Credit Card Competition Act, but new groups are in Washington each week promoting it. This week the restaurant industry is in town advocating that consumers will be able to save money with […]
Action Alert: Consumers, Credit Unions and Small Businesses to Suffer from Proposed “Big Box Bill”
As a consumer, you’ve probably had your credit card compromised. You understand what a headache it can be—having your card deactivated, having to wait on a new card, disputing any charges and wondering the impact of fraud on your credit. Last week, lawmakers introduced Card Competition Act – S. 1838 & H.R. 3881, also known […]