Advocacy in Action: DCUC’s bold initiative to strengthen the voice of defense credit unions

by Jason Stverak, DCUC Insights

DCUC’s Advocacy Reimagined is an exciting new initiative for the Council, marking a significant expansion of DCUC’s
advocacy efforts in both our Nation’s capital and beyond. As you are aware, defense credit unions play a unique and critical role in serving military personnel, veterans, and their families. Now, more than ever, it is essential the defense credit union voice is heard clearly and powerfully at the federal level, where legislative and regulatory decisions can have profound impacts on credit unions’ ability to continue serving those who serve our country.

Through DCUC’s Advocacy Reimagined, we are dramatically enhancing DCUC and its members presence and influence in Washington, providing a stronger, more unified voice for defense credit unions and ensuring that the needs of military families are front and center in key policy discussions. This new approach to DCUC’s advocacy is designed to meet the challenges of a rapidly changing political and regulatory environment, equipping us with the tools, relationships, and strategies necessary to protect and advance the interests of our members.

The need for a new approach to advocacy

The financial services sector is undergoing dramatic changes, and credit unions, particularly those serving military communities, are facing an evolving landscape filled with both opportunities and challenges. Over the past several  years, we have seen:

Increased legislative scrutiny

Both Congress and federal regulatory agencies have been increasingly active in shaping the rules governing the financial services industry. From potential reforms to the Community Reinvestment Act (CRA) to ongoing discussions about the future of credit unions’ tax-exempt status, policymakers are scrutinizing every aspect of our industry. Without a strong advocacy presence, credit unions risk being subject to policies that could harm our members and undermine the core principles of our cooperative model.

 

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