CUNA statement on Senate passage of highway bill
WASHINGTON, DC (December 4, 2015) — Following the passage of H.R. 22 in the Senate, President/CEO of the Credit Union National Association (CUNA) Jim Nussle issued a statement:
“This is a huge victory for credit unions and the over 100 million credit union members CUNA represents. H.R. 22 includes several key CUNA-backed provisions that will soon be signed into law by President Obama to help remove barriers for credit unions to better serve their members. CUNA has long supported modernizing privacy notification requirements, allowing privately insured credit unions to become members of the Federal Home Loan Bank (FHLB) system and directing the CFPB to establish a process for determining whether an area should be designated as rural which could impact the products credit unions offer.”
About CUNA
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 135 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org. To find your nearest credit union, visit YourMoneyFurther.com.
