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
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
19 hours ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
19 hours ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
22 hours ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
23 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
1 Day ago