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Missouri lawmakers make time for CUs
ST. LOUIS (8/9/10)--Statewide in-district meetings with federal lawmakers representing Missouri began last week, and at least one congressman made time for credit unions during his appearance at the African-American Credit Union Coalition (AACUC) Conference in St. Louis Wednesday-Saturday. U.S. Rep. William Lacy Clay (D-Mo.), who was keynote speaker at the AACUC conference, met with Missouri credit union representatives for an in-district meeting before his speech. He serves on the House Financial Services Committee. More than a dozen representatives from seven credit unions took part, said the Missouri Credit Union Association (MCUA) (The Missouri difference Aug. 6).
Click to view larger image Meeting with U.S. Rep. Ike Skelton, seated, center (D-Mo.), are, from left: row one, Sharon Ichord, Mid Missouri CU, and Donna Weston, Bothwell Hospital Employees CU. Row two, Peggy Nalls and Amy McLard of Missouri Credit Union Association (MCUA), and Karen Jurgensmeyer, Kilowatt Community CU. Row three, Rick Nichols, River Region CU; Pat Yokley, CommunityAmerica CU; Hal James, Missouri CU; Bill Mustain, Employment Security CU; and Tammy Parks, MCUA. (Photo provided by the Missouri Credit Union Association)
The in-district meetings across the state began Aug. 2 when Missouri credit unions hosted U.S. Rep. Ike Skelton (D-Mo.) at the Missouri Credit Union House in Jefferson City (The Missouri difference Aug. 4). Ten Missouri representatives discussed expanding credit union member business lending, debit card interchange fees and the impact of the Frank-Dodd Financial Reform Act on credit unions, and the need for overdraft protection for consumers during their meeting with Skelton. Attendees told Skelton that regulatory burden for credit unions of all sizes has grown increasingly difficult. The meeting included credit unions ranging in size from 900 members to 200,000 members. "I am concerned that efforts aimed at the bad players are hurting credit unions and community banks," Skelton said. He also shared his perspectives for the rest of the session. "I believe we are going to be focused on job creation and employment issues," he told the group. MCUA is working to reschedule a meeting with U.S. Rep. Russ Carnahan (D-Mo.), whose Aug. 10 meeting with credit union representatives was cancelled when House leadership called a special session. U.S. House Speaker Nancy Pelosi (D-Calif.) called the House back into session to address a $26 billion jobs measure (The Missouri difference Aug. 6).


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