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NAFCU testimony to Congress March 15

Ken Krueger, CEO of Lutheran Federal Credit Union in St. Louis, Mo., will testify on behalf of the National Association of Federally-Insured Credit Unions (NAFCU) Wednesday before a House Financial Services subcommittee regarding the process for chartering a new financial institution.

Wednesday, March 15, 2 p.m. Eastern – House Financial Services Committee Subcommittee on Financial Institutions and Consumer Credit 

Krueger will discuss the process his credit union went through to get a charter from the NCUA; application was made in 2013 and approved in December 2014. He will also discuss the current regulatory burden faced by today's credit unions; the Federal Credit Union Act; and governance modernization.

Prepared testimony will be provided in the morning prior to each hearing. Direct any inquiries to ftaylor@nafcu.org.

NAFCU

We provide credit unions with the best federal advocacy, education and compliance assistance in the industry. The National Association of Federally-Insured Credit Unions (NAFCU) is a direct membership association for federally insured credit unions. We are committed to representing, assisting, educating and informing our member credit unions to help them grow, and help grow the credit union industry. Over the years we have been able to build on our foundation, growing stronger with our members and steadfast in our beliefs and focus: providing unwavering federal advocacy, top-rated education, one-of-a-kind compliance assistance and supreme responsiveness. Why? Because we believe credit unions are the best and they deserve the best.  

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