CUNA/League grassroots activism leads to CU victory in keeping NCUA out of appropriations process
WASHINGTON, DC (September 13, 2017) — The House of Representatives adopted the CUNA/League-backed Amodei-Aguilar amendment on NCUA by voice vote today. The bipartisan amendment from Reps. Mark Amodei (R-Nev.) and Pete Aguilar (D-Calif.) removed a provision placing NCUA under the appropriations process from House appropriations bill H.R. 3354, which is scheduled for a vote Thursday afternoon.
“This is a huge victory for credit unions and their member-owners. We thank Reps. Amodie and Aguilar for their steadfast leadership in keeping NCUA out of the appropriations process and the thousands of CUNA/League credit union activists who took action – these voices made all the difference on the Hill,” said Jim Nussle, CUNA president/CEO. “Placing NCUA under appropriations would be the functional equivalent of a hidden tax on credit unions and their members.”
With its network of affiliated state credit union leagues, Credit Union National Association (CUNA) serves America's credit unions, which are owned by more than 100 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information about CUNA, visit www.cuna.org or follow @CUNA on Twitter. For more information about credit unions, visit www.aSmarterChoice.org and follow @asmarterchoice on Twitter.