Protecting a financial lifeline for consumers

Credit unions are committed to the financial well-being of their members and communities. As your voice in Washington, we recognize that you face many challenges as you work to achieve that.

One of those challenges is what products and services to offer. Your members have told you programs such as overdraft are a critical lifeline for their financial health. With many Americans living paycheck to paycheck, this program helps make ends meet. It’s a program they find value in, even if there is a fee to participate.

You’ve earned the reputation as a financial partner your members trust. You provide resources and training to help members escape cycles of debt and other financial challenges.

Even as the CFPB continues its attack on hardworking Americans and Main Street small businesses with its latest overdraft proposal, know that we will continue to advocate for you and share how you put your members’ best interests ahead of profits.


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