CCUL Headlines: Political

League, credit unions welcome lawmakers for branch visits in NC and SC

Thursday, April 5, 2018   (1 Comments)
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Between the two-week congressional recess and local lawmakers’ available schedules, credit unions in North and South Carolina took advantage of this week’s prime window of time to host in-district visits and engage in valuable exchanges.

On March 30, CPM Federal Credit Union welcomed Senator Tom Davis (SC-Dist 46) to the grand opening of its new branch in Bluffton, SC.

“With many lawmakers out there, who say they support us, Senator Davis put his words into action when he introduced the League-supported bill S.337 which updates our credit union act,” said Billy Boylston, CCUL VP of governmental affairs in South Carolina. “We appreciate Senator Davis for attending CPM’s new branch opening, and the ongoing support he gives credit unions in the state.”

 Senator Davis visits CPM FCU's New Bluffton, SC branch on March 30, 2018

And in North Carolina, Coastal Credit Union welcomed U.S. Congressman Robert Pittenger (NC-Dist 9) to its headquarters on April 3. Coastal CEO Chuck Purvis led a tour of the branch and thanked Rep. Pittenger for the opportunity to talk with him about helping members and regulatory reform.

Congressman Pittenger is a long-time member of the House Financial Services Committee, which is presently the landing place for S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act. During the visit, Purvis appealed to Congressman Pittenger to encourage quick approval on this bill, despite concerns that the bill did not go far enough. Pittenger reassured those in attendance and said, “I think the bill will pass. It may just take some time.”

 U.S. Congressman Pittenger visits Coastal CU on April 3, 2018

U.S. Congressman Ted Budd (NC-Dist 13) paid a visit to Summit Credit Union the following day in Winston-Salem, NC. During the meeting he reflected upon the challenges of being a first-term member on the influential House Financial Services Committee, and what he learned about the impact of his votes on credit unions back home. Summit CU CEO Sam Whitehurst thanked Congressman Budd for his courage as exhibited by his co-sponsorship of HR 620, the ADA Education and Reform Act and for his unsuccessful attempt to repeal the Durbin interchange fee amendment. Summit CU Board members appealed to Congressman Budd for speedy passage of S. 2155.

 U.S. Congressman Budd visits Summit CU on April 4, 2018

“These kinds of local visits to credit unions are so valuable when we seek to help lawmakers make a connection with the mission and purpose of our industry,” commented Evelyn Hawthorne, CCUL VP of governmental affairs in North Carolina. “Billy and I are glad that we were able to be a part of these most recent events and look forward to assisting other credit unions in hosting similar opportunities.”

The next legislative event on the horizon for CCUL Advocacy is the Financial Literacy Day in SC at the State House on April 17. This event welcomes legislative officials, credit union professionals, and local area high school students at the State House for two hours of financial education awareness which includes a Reality of Money simulation.

Both chambers of U.S. Congress are expected to return to session on April 10.

Comments...

Sam Whitehurst says...
Posted Thursday, April 5, 2018
Thank you Congressman Ted Budd for taking the time to speak with our executive management team and board about legislation that impacts the credit union movement. You have actively supported many of the issues that are important to Summit Credit Union and the members we serve.

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