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The Advocate Blog

Credit Union Member Business Lending Legislation Dominates Conversation at Congressional Luncheon

House Majority Leader Eric Cantor (pictured left) greets longtime campaign volunteer Bill Dawson, of Henrico Federal Credit Union. Though Congressman Cantor continues to say he is a fan of credit unions, he declined to add a key credit union member business lending measures to his recent JOBS Act.

This... More

Credit Unions Volunteer on Election Campaigns

It’s true that we can’t outgive the bankers when it comes to supporting political campaigns; they’re quite good at putting their deep pockets to work!

But one of the many ways we do shine in helping our political friends is by volunteering our time and talents for their campaigns. Belvoir Federal... More

Credit Unions Raising Funds for Playgrounds as ‘Stay Behinds’ at Democrat, Republican National Conventions

CUNA and its state leagues plan to raise $600,000 so credit union volunteers can build special interactive playgrounds at local children’s hospitals during this summer’s Republican and Democratic National Conventions.

The quadrennial charity efforts help build both national exposure at the penultimate... More

CU Advocates Tell Senate Banking Aides the Time Is Now To Support MBL Bill

Credit union advocates beat the bankers to the punch by talking to legislative aides Monday before bankers do their own Hike the Hill today where they will spend just as much energy lobbying against credit unions as they will tending to their own garden.

There’s a glimmer of optimism around S. 509,... More

League, CUs Push for MBL Support on House Side; Congressmen Generally Supportive of Fair Exams Bill

League representative Karin Sherbin continued the mini-hike on the House side, joined by Board member Stan Leicester of BayPort at the meeting with the banking aide of his own Congressman, Rob Wittman. BayPort does MBL, and Leicester talked of demand and how some of their members were unable to get capital... More

We’re Starting the GAC with a Mini-Hike the Hill

The Credit Union National Association’s Governmental Affairs Committee starts full-blown today, and your League and credit union advocates are taking advantage of a day in Washington to visit legislative aides to brief them on our issues before Wednesday’s Congressional Luncheon (and before the bankers... More

Get Your Federal Briefing Material Here!

Going to the Congressional Luncheon, or just want to stay on top of everything? You can get a summary of our federal issues at the League’s governmental affairs web page. Click here: http://www.vacul.org/advocacy/gov_affairs/index.php and then click on the link for federal issues under Congressional... More

Senate Majority Leader Reid Pledges Vote on MBL; Contact Sens. Webb and Warner and Urge Their Support

U.S. Senate majority leader Harry Reid (D-Nev.) and Sen. Mark Udall (D-Colo.) both spoke in the Senate floor Thursday in favor of legislation to increase the credit union member business lending (MBL) cap.

Reid indicated that he has been working with Udall to attach the MBL bill to a pending small business... More

ICBA Targets Credit Union Tax Exemption, MBL Cap in 2012 Priorities

Credit unions still stick in the craw of community banks, based on the priorities for the coming year the Independent Community Bankers of America announced Tuesday at its annual convention in Nashville, Tenn. One of its seven priorities is titled “Stop Unfair Tax-Exempt Credit Union Power Grab,”... More

King, Sherman Introduce CU Capital Bill

In a bill the Credit Union National Association (CUNA) says will enhance the safety and soundness of the credit union system, Reps. Peter King (R-N.Y.) and Brad Sherman (D-Calif.) have proposed to permit the National Credit Union Administration (NCUA) to allow credit unions to accept additional forms... More

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