LSCU Advocacy Update: CUNA GAC

For two weeks starting on March 1, credit union advocates in all three states within LSCU’s footprint met with our members of Congress and the US Senate as part of the 2021 Virtual CUNA GAC. A large portion of our meetings was spent informing lawmakers and their staff on credit union efforts to serve our members during the pandemic.  There was also a discussion of credit union legislative priorities including: merchant data breach liability, preserving the credit union tax exemption, and promoting legislation that would exempt loans that aid in COVID-19 relief and recovery for up to one year from the MBL cap.

Credit unions also thanked the members of Congress who supported the latest COVID-19 relief package, which included a $284 billion reauthorization of the Payroll Protection Plan and loan simplification process. These meetings remain the most significant representation of credit union grassroots strength, and LSCU thanks our member credit unions for making them successful!

There are still a few meetings scheduled for next week. Although these meetings may fall outside the two-week period set aside for virtual hill visits, LSCU is striving to hold meetings with every congressional office within our three-state footprint. Here are the remaining meetings, and please note that more may be added:

On behalf of the LSCU Advocacy Team, thank you to all who took time out of your busy schedules to speak with elected officials and advocate for the credit union movement with a unified voice. These meetings show lawmakers that credit unions remain one of the strongest assets in America’s communities. Thank you for your continued support of LSCU advocacy.

Written by
Ann Naiman
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About Us

The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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