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CUs Can Be Proactive with Lawmakers During Congressional Recess
Wednesday, August 9, 2017 6:55 AM

Congress may be out for the August recess, but the work of credit unions goes on and presents a great opportunity to be proactive with lawmakers who've gone back to their home districts.

If credit unions want regulatory reform for the industry, credit unions must deliver loud messages to lawmakers about regulatory impact. Following are just some of the ways you can connect with your representatives on issues that are important to you.

Campaign for Common-Sense Regulation

Credit Union National Association's Campaign for Common-Sense Regulation website houses step-by-step instructions on how to schedule and host branch visits with lawmakers—perhaps the most powerful way to elicit backing from your members of Congress for credit union priorities. 

Don't hesitate to schedule one of these visits. Lawmakers are actively looking to take these meetings, both to hear from the people they represent and to publicize them.

Town Hall Meetings
In addition to branch visits, lawmakers will host a bevy of in-person and teleconference town hall meetings to hear their constituents' concerns. It's crucial we have a presence at these public meetings to inform our members of Congress how they can support credit unions and their local economies.

Tax Exemption Status
In addition to discussing regulations and the Campaign for Common-Sense Regulation, remind your lawmakers about the benefits of the credit union not-for-profit tax status. The issue of tax reform is on the horizon, and we believe that preempting any attacks by the bankers or any other unforeseen circumstances will ensure we maintain our position of strength. Our ongoing messaging gives us great confidence that Congress will continue to preserve that status.

If your lawmaker sits on the House Ways and Means Committee or the Senate Finance Committee, remind them of our industry's value and how our not-for-profit structure justifies our status. If you hear any lawmakers give any positive—or negative—statements about the credit union tax status, please let your Cornerstone advocacy team know.