Local financial partners needed during economic recovery

CUNA continued to advance its 2021 advocacy agenda with a communication to all 535 Congressional offices sent early this week.

CUNA Chief Advocacy Officer Ryan Donovan reminded Congress that America’s credit unions are committed to advancing the communities they serve and improving members’ financial well-being.

“As people in all communities cope with the economic effects of the coronavirus pandemic, it’s important that they have access to local financial partners who put their financial well-being ahead of the bottom line,” Donovan wrote. “As not-for-profit financial cooperatives, America’s credit unions have a vested interest in helping their member-owners — your constituents — remain stable in times like these. We continue to invest in our members through higher returns on savings, lower interest rates on loans, and fewer fees. Those investments account for nearly $19 billion in financial benefit each year.”

CUNA and Leagues continue direct engagement as well with members of the new Congress and the incoming Biden administration.

 

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