Removing Barriers Blog

CUNA’s TCPA Petition Request Highlighted in The Hill Newspaper

The need for the FCC to exempt credit unions from the onerous TCPA regulations was showcased in The Hill newspaper this morning.  Katie McAuliffe, the Federal Affairs Manager at Americans for Tax Reform published an opinion piece where she highlighted the need to modernize telemarketing laws – especially for credit unions. 

In her article, Ms. McAuliffe explained how 75% of credit unions have reported difficulties determining whether their communications comply with the TCPA and that the TCPA did not account for the unique relationship between credit unions and their member-owners.  As member-owners, they need to hear about topics ranging from account discrepancies to governance and financial decisions the credit union is considering. 

Additionally, the article notes that, “the FCC has said that the TCPA is not intended to prevent normal business communication. However, credit unions have drastically curbed their contact with member owners under threat of steep penalties and lack of clarity as to what is and is not a violation of TCPA rules.” 

At the end of September, CUNA submitted a Petition for Declaratory Ruling to the FCC seeking relief from the onerous compliance complexities associated with the Telephone Consumer Protection Act..  The FCC then opened the petition up for comment only a week after CUNA submitted – appearing to be taking credit union concerns seriously enough to seek public comment. 

America’s credit unions appreciate Ms. McAuliffe and the Americans for Tax Reform taking the time to fully understand the overly complex burdens the TCPA has put on credit unions and how it has limited their ability to contact their member owners.   

It’s not too late – comments on the Petition are due on November 6th.  Visit CUNA’s Grassroots Action Center to learn more!