Washington Wire – Oct. 8, 2019

Action alert: Oppose Section 2821 of the Senate NDAA bill The House and Senate were unable to finalize the bill before heading into their 2-week in-district work period, so we have a great opportunity to really make our voices heard. Contact your Member of Congress now and tell them to reject Section 2821 of the […]

Action alert: Oppose Section 2821 of the Senate NDAA bill
The House and Senate were unable to finalize the bill before heading into their 2-week in-district work period, so we have a great opportunity to really make our voices heard. Contact your Member of Congress now and tell them to reject Section 2821 of the Senate National Defense Authorization Bill. Whether your credit union operates on a military installation or not, this is another way that big banks are working to erode our not-for-profit mission and structure. Our movement can’t allow this to happen, so please participate today.
  • Section 2821 of the Senate NDAA bill would allow banks to have rent-free access to establish branches on military bases.
  • If section 2821 isn’t removed from the bill, banks like Wells Fargo and Bank of America will have easier access to set up shop on bases around the world.
  • We have seen how these banks have treated their customers over the years. There is no good reason to make it easier for them to engage our servicemen and women.
  • We need to encourage Congress to reject Section 2821 of the Senate National Defense Authorization Bill.

You may take action here. Read the full Washington Wire here.

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The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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