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CCUL Headlines: Political

Rep. Meadows recognizes “trust relationship” credit unions have with members

Thursday, August 28, 2014   (0 Comments)
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Rep. Meadows greets Western Chapter attendees on Tuesday, August 26.

On Tuesday, August 26 the Western Chapter of Credit Unions hosted an event featuring Congressman Mark Meadows (NC-11) in Asheville, NC. More than 80 credit union advocates were in attendance as Meadows thanked them for the valuable work they do in the western region.

“Your members trust you—and having someone you can trust when making important financial decisions is important,” shared Meadows.

Currently serving his first term in the U.S. House of Representatives, Meadows reiterated his support for the credit union tax exemption and shared his concerns about the overregulation credit unions are facing as a result of the passage of the Dodd-Frank Act.

“Many of our credit unions that have been to Washington, DC or met individually with Congressman Meadows over the past year have come to appreciate his strong support for credit unions,” said CCUL SVP Association Services Dan Schline. “Tonight was important because a wider group of western North Carolina credit unions got to hear firsthand about that support.”

In addition to signing a joint letter from members of the House of Representatives to NCUA Chairman Debbie Matz in June, Meadows authored his own letter in August expressing concerns about the agency’s risk-based capital proposal.

View event photos »