Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Texas speaker to CUs Get politically engaged
FARMERS BRANCH, Texas (9/13/12)--Credit union leaders must engage with policymakers in ongoing, effective relationships, Tom Haider, chief advocacy officer for the Texas Credit Union League (TCUL), told attendees at the Political Engagement breakout session at TCUL's Leadership Conference last week in San Antonio.

Connections with lawmakers will make a difference when credit unions face tough battles over legislation, Haider said.

He encouraged attendees to explore avenues beyond visits to lawmakers' offices, such as hosting "meet and greets" in the credit union, working on campaigns and being active in local civic organizations (Lone Star Leaguer Sept. 12).

Events such as Rotary Club luncheons should include a credit union presence that matches that of community bankers, he told the audience. Civic organizations often are the proving ground for community activists with political aspirations. Establishing a relationship early in a politician's career can provide long-term benefits, he said.

Credit unions also must communicate with lawmakers on the issues that affect them, Haider said. Among the most pressing issues for credit unions is the increased regulatory burden, he added. Citing a recent proposal from the Labor Department to limit children working on family farms, he noted that more than 80,000 people sent in comments, which led to repeal of the proposal.

By comparison, credit unions often send legislators a few dozen comment letters on some issues. Haider urged attendees to mobilize their efforts when new rules are proposed for credit unions. Communications can be simple and straightforward. Regulators are interested in hearing about real-world problems caused by new rules, he said.

Haider also encouraged credit unions to implement TCUL's Credit Unions: Ready, Organize, Activate, Respond program to initiate their own government relations program.


RSS print
News Now LiveWire
FHFA today announced it's extending comment deadline for guarantee fees Fannie, Freddie charge lenders to Sept. 8.
8 hours ago
The 2014 @CUwomen Forum was held in Gold Coast, Australia yesterday during @WOCCU 's World CU Conference.
11 hours ago
.@CFPB obtains $92M in debt relief from Colfax Capital Corp. http://t.co/QPZAeCAcy2 See also: http://t.co/Kjf4HHkINW
12 hours ago
Julian Castro was sworn in as 16th secretary of @HUDgov Dept. of Housing and Urban Development Mon.
12 hours ago
.@CUNA's Chief Economist @SchenkMike talks consumer confidence--at highest levels since 2007 w/ @TheStreet @JoeDeaux http://t.co/JyoYQmhAxc
12 hours ago