Proving our difference
CUNA economists continue to measure and socialize the transformative power of member-owned credit unions.
The CUNA research and policy analysis team had a busy 2022. We were firmly focused on collecting and using data to bring your stories to life and highlight the credit union difference at the national level.
We spent much of the year on offense, illustrating how credit unions advance the communities they serve and provide true financial inclusion.
As part of that work, we geocoded financial institution branches and mapped underbanked and unbanked communities nationwide to support efforts to broaden credit unions’ fields of membership (FOM) and business lending. We fended off threats to overdraft protection and interchange, and fought to ensure bank owners maintain their ability to sell their institutions to member-owned credit unions, updating our comprehensive white paper on this topic.
Our team championed the expansion of credit union public deposit authority and prepared detailed, customized reports for several state Leagues, which clearly show that a credit union option for financial services is good public policy.
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