HONOLULU–NAFCU's top lobbyists told participants in NAFCU's Annual Conference to establish relationships with their members of Congress and help them out in order to garner their help for the future.
Right now, NAFCU is asking its members for help in the push for the Credit Union Regulatory Improvements Act (H.R. 1537) but credit unions should be networking with their legislators all the time, including when they are not asking for something. "There's only so much a lobbyist can do," NAFCU Senior Vice President of Government Affairs Dan Berger said, but voters trump all.
And Director of Political Affairs Dillon Shea added, "When push comes to shove, if legislation passes or doesn't pass that helps or hurts you, it's going to affect you a lot more than it affects me personally."
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Aside from CURIA, there have also been "some grumblings" on Capitol Hill that House Financial Services Committee Chairman Barney Frank (D-Mass.) would be interested in Community Reinvestment Act legislation for various industries, including credit unions. Berger dropped a stack of three, three inch binders–a print out of the CRA requirements and related documents for banks. "Can you afford that regulatory burden? I don't think so."
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