CUNA finds credit unions poised for success following 2016 federal elections
WASHINGTON, DC (November 14, 2016) — Credit Union National Association (CUNA) analysis finds the priorities of the incoming Trump Administration align with the needs of the credit union system, particularly with respect to regulatory burden, which positions credit unions for success following the 2016 federal elections.
“The outcome of Tuesday’s election is a unified Republican government, with the White House, House, and Senate all under Republican control,” said Jim Nussle, president/CEO of CUNA. “CUNA staff immediately analyzed what the election results would mean for credit unions, and we found that based on our engagement with the Trump campaign over the past several months and our involvement in over 360 congressional races, the new Administration and Congress are likely to remove some of the more oppressive regulations negatively impacting credit unions and their members.”
In the white paper, CUNA staff analyzed the impact the new administration and Congress can have on credit unions, including regulatory relief, potential changes in key congressional committees and NCUA board appointments.
You can read the white paper in full here.
About CUNA
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 135 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org. To find your nearest credit union, visit YourMoneyFurther.com.
