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Credit Unions Converge on D.C. for Hike the Hill
Monday, June 25, 2018 7:00 AM

delegation visits Culberson
Cornerstone delegation of credit union professionals visits Texas Rep. John Culberson (District 7). Left to right: Culberson; Dave Bleazard, First Service CU; Cameron Dickey, Cy-Fair FCU; Tim Adams, SPCO CU; and Teresa Briggs, Houston Highway CU.

Last week, dozens of credit union advocates traveled to Washington, D.C., to attend Hike the Hill, Cornerstone’s annual advocacy event. Hike the Hill provides the opportunity for credit unions to meet with members of Congress, key regulatory agencies, and other stakeholders in the financial services industry.

The first day of the Hike focused on regulatory and legal issues. The items for discussion included efforts to defend credit unions from predatory litigation arising from certain law firms seeking to profit from ambiguities in requirements for website accessibility under the federal Americans with Disabilities Act (ADA) and the 2018 midterm elections. Attendees also received an NCUA update from Chairman Mark McWatters, an overview of the Bureau of Consumer Financial Protection’s rulemaking priorities, and a presentation on data breach trends provided by representatives from VISA. 

CUs with Johnson
Left to right: Faith Anderson, American Airlines FCU; Texas Rep. Eddie Bernice Johnson (District 30); Brenda Tristan, American Airlines FCU; and Phillip Crocker, Resource One CU.

The second day was focused on legislative issues. Following a morning briefing, credit unions spent the day on Capitol Hill and conducted over 40 individual meetings. The legislative issues of focus were securing cosponsors to H.R. 1264 by Rep. Roger Williams (R-Texas), finding solutions to data breaches, defending against predatory lawsuits, and preserving the credit union tax status. 

“Hike the Hill ensures that credit unions are part of the discussion and shaping the message on critical issues such as regulatory relief, pressing for data security legislation, and protecting our federal income tax exemption,” said Caroline Willard, president/CEO of the Cornerstone Credit Union League. “I encourage credit unions to continue the good work back home and utilize the upcoming congressional recess to advocate for our priority issues.”