The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement after U.S. Senators Tina Smith (D-Minn.) and Ben Sasse (R-Neb.) introduced NAFCU-sought, bipartisan legislation, The Credit Union Employee and Member Safety Act of 2021, to make credit unions safer for employees and members:
“NAFCU applauds Senators Tina Smith and Ben Sasse for introducing legislation that will bolster consumer protections at credit unions to defend their employees and their members from abusive, fraudulent, and criminal activity," said NAFCU President and CEO Dan Berger. “Ensuring credit unions have the ability to address illegal activity or threatening behavior at their institutions is paramount so they can continue to safely and soundly serve their members and local communities. NAFCU strongly supports this bipartisan bill, and we will continue to advocate for Congress to pass these important reforms.”