Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Inform legislators about CU difference before issues arise, says Kahley
LITTLE ROCK, Ark. (2/24/14)--Even if there aren't pressing issues at the state legislative level, credit unions need to engage with lawmakers. "We need to get to know them when we don't need anything from them," advised Reta Kahley, president of the Arkansas Credit Union Association, a division of the Cornerstone Credit Union League.
 
"That way when an issue does arise, and we need their support--we have already established that relationship," Kahley told the Cornerstone Credit Union League.
 
About 20 delegates represented more than a dozen credit unions during the Feb. 12 legislative lunch at the Arkansas capital. About 100 lawmakers attended the informal gathering. "Our lawmakers appreciate that," she said, adding, "In fact, they hold our format as the standard for other associations to emulate."
Because this session is centered on the budget, there were no credit union issues in play. Instead, the conversations focused on how credit unions make a difference in their members' lives and the positive impact they have on communities, Kahley added.
 
One state legislator did ask how the Dodd-Frank act is affecting credit unions, and Kahley offered up the league as a resource if he wanted more information.
 
"I'm certain that our lawmakers appreciate our credit unions for being there and being open to conversation," she said. "I, for one, am very appreciative that our credit unions recognize the value in engaging with legislators and sharing our story.
 
"If we want to influence legislation, we have to have a presence," Kahley said.
 
In Washington, D.C., this week, the presence is huge because thousands of credit union advocates at attending the Credit Union National Association's Governmental Affairs Conference--building relationships with representatives and senators.
RSS print
News Now LiveWire
#NewsNow: @CFPB offers tips for consumers who think their credit/debit cards have been hacked. http://t.co/rHnfYkJPIj
8 hours ago
See who's 1st to earn @CUNA's new biz development designation #NewsNow http://t.co/vn5ch4HkRC
9 hours ago
Joe Bergeron, president/CEO of the Association of Vt. CUs, has been re-elected to the board of the @NCBACLUSA
10 hours ago
NCUA reminds: CU managers/directors looking to improve leadership skills still can register 4 Leadership Boot Camps. http://t.co/0AUtIpWNqr
10 hours ago
Australia's Customer Owned Banking Association is @fileneresearch 's latest Gold benefactor.
12 hours ago