Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

To DNC CarolinaFest backdrop CUNA CUs launch into convention activities
CHARLOTTE, N.C. (9/4/12)--Due to the nation's observance Monday of Labor Day, the Democratic National Convention (DNC) organized a family-oriented event here yesterday in the convention-host city--a kind of "soft launch" to official DNC events that start today.  (See related story: CUNA, leagues arrive in Charlotte to advocate for CUs at DNC.)

However, even with the festival atmosphere in the streets yesterday, observed Credit Union National Association (CUNA) Senior Vice President of Legislative Affairs Ryan Donovan, CUNA, state credit union leagues and credit unions marched right into convention-related sessions Monday.

With daily organizational meetings to go over strategy, a daily briefing by National Journal Group to highlight convention and campaign issues and for which CUNA is a sponsor, and issues meetings on such things as a financial literacy, CUNA officers and staff are deeply engaged, representing credit unions and credit union issues from the start, Donovan said.

"Welcoming events, such as one hosted by Rep. Mel Watts (D-N.C.) Monday, give us many opportunities to represent credit unions both among convention delegates and Washington policymakers," Donovan noted. Watts is a scheduled speaker at DNC convention floor activities this week.

The first two days of the 2012 DNC--today and Wednesday--are being held at Time Warner Cable Arena. President Barack Obama and Vice President Joe Biden will accept the Democratic nominations for president and vice president Thursday at Bank of America Stadium. Bank of America is headquartered in Charlotte and its office dominates the skyline.

The DNC list of speakers for the week include:

  • San Antonio Mayor Julian Castro, who will be the first Latino keynote speaker at a Democratic National Convention;
  • Former President Bill Clinton;
  • Rep. James Clyburn of South Carolina, who will be participating in the credit union leave-behind project to benefit Levine Children's Hospital here (see related story: Clyburn to help CUNA-DNC playground ribbon-cutting);
  • Rep. Barney Frank of Massachusetts, former chairman of the House Financial Services Committee;
  • House Democratic Leader Nancy Pelosi of California;
  • Sen. Charles Schumer of New York, a co-sponsor of CUNA-supported S. 509, legislation to increase the credit union member business lending cap;
  • DNC Chair Rep. Debbie Wasserman Schultz of Florida, who worked with CUNA and credit unions and tried to keep language limiting interchange fees out of the final Dodd-Frank Wall Street Reform Act;
  • Rep. Mel Watt of North Carolina, a member of the House Financial Services Committee;
  • Former President Jimmy Carter (via video); and,
  • Many dozens of other party notables.


News Now LiveWire
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
9 hours ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now:
11 hours ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
11 hours ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
11 hours ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
13 hours ago