Removing Barriers Blog

Email to the Hill: Credit unions support members in good times and bad
Posted May 06, 2020 by CUNA Advocacy

Earlier this week, CUNA's Chief Advocacy Officer wrote to all 535 Congressional offices to highlight how credit unions are helping those affected by COVID-19 and how they are ready to do more.  

Good morning, 
Putting people first — not corporate bottom lines — is what Americans need from their financial services partners.  

 America's credit unions are seeing the economic impact of coronavirus firsthand

More and more, those impacted by this crisis need a helping hand. America's credit unions are hard at work supporting members' financial well-being, and we are ready to be part of the solution as our economy reopens and America gets back to work.

We can do more if Congress:

  • Deploys all available small business credit by temporarily removing the statutory business lending cap so credit unions can help businesses get back on their feet and rebuild communities.
  • Increase funding for Community Development Financial Institutions. They have a proven track record of helping the people who need it most.

Credit unions support members in good times and bad. For our 115 million members, we are here: listening, providing financial counseling, offering loan relief, waiving fees, and helping make ends meet.