Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CUAD meets with new Sen Banking Committee member
BISMARCK, N.D. (12/18/12)--
From left, Credit Union Association of the Dakotas (CUAD) President/CEO Robbie Thompson, CUAD Vice President of Advocacy and Awareness Jeff Olson; U.S. Sen.-elect Heidi Heitkamp; and CUAD Board Chair Steve Davis. (Photo provided by the Credit Union Association of the Dakotas)
Leadership from the Credit Union Association of the Dakotas (CUAD) attended a meeting with U.S. Sen.-elect Heidi Heitkamp at her campaign office in Mandan, N.D., Friday.

The new senator from North Dakota could prove to be a powerful advocate for credit unions in Washington, D.C., because one of her committee assignments will be to serve on the Senate Banking Committee, said CUAD.

Heitkamp, the former North Dakota attorney general, is familiar with the financial cooperative model and credit unions.

CUAD legislative advocates took the opportunity to discuss several issues that may impact credit unions during the 113th Congress--such as tax status, increasing regulatory burdens and increasing credit unions' member business lending cap to 27.5% of assets from 12.25%.

Indicating the association looked forward to working with Heitkamp and noting her committee appointment, CUAD President/CEO Robbie Thompson said that Heitkamp "knows and understands credit unions--especially the issues facing small and rural area credit unions. We are confident that she will always be willing to listen to our concerns."


RSS print
News Now LiveWire
@AdamMertzCUNA @CUNACraig @AnnHPeterson @CUEscan @cumagazine
25 minutes ago
.@TheNCUA :Low-income CUs can expand services to members, train staff,collaborate for efficiencies w/more than $1M in grants awarded 2day
10 hours ago
.@CUNA joins 11 other financial service orgs urging @SenateFloor to take up #CISA to strengthen cybersecurity information sharing
11 hours ago
.@RedwoodCU and its staff donated a combined $5,100 toward AIDS Walk San Francisco. The CU is a longtime sponsor of the event.
11 hours ago
See the latest from @CUNA's CompBlog on Customer Due Diligence. http://t.co/rzOzDUpNMT
11 hours ago