I wanted to share the great work by Pelican State CU, Baton Rouge, La., which continues to partner with a local group of churches to provide "Hand Up" loans to residents who otherwise would not have access to credit. This is just another example that credit unions were the original consumer protectors. Overregulating Pelican State's services could force these residents to turn to the bad actors the CFPB was charged to rein in. Keep up the great work Pelican State!
Thank you for your continued participation in and engagement with the CUNA/League system. If you have any issues you'd like CUNA to address, I encourage you to give me a call directly at 202-508-6745 or email me at email@example.com.
All the best,
President and CEO