WASHINGTON, DC (August 1, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Vice President of Legislative Affairs Brad Thaler today issued the following statement after the Senate passed its version of the 2019 National Defense Authorization Act:
“We are pleased to see the NDAA bill advance without a provision that would have granted banks an unfair competitive advantage by allowing them to sidestep the regulatory requirements that credit unions are subjected to when serving members of our armed forces on military bases. We are confident credit unions will continue to provide exemplary service to America’s men and women in uniform,” said Brad Thaler, Vice President of Legislative Affairs at NAFCU.
The National Association of Federally-Insured Credit Unions is the only national trade association focusing exclusively on federal issues affecting the nation’s federally-insured credit unions. NAFCU membership is direct and provides credit unions with the best in federal advocacy, education and compliance assistance. For more information on NAFCU, go to www.nafcu.org or @NAFCU on Twitter.
