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Sad but true. Credit unions, which pride themselves on their grassroots capabilities, failed to turn out the impressive numbers the bankers did in the battle to get the Credit Union Regulatory Relief Act (H.R. 5519) through the House on the suspension calendar.

Of course, the bankers were aided by the fact that the Independent Community Bankers of America had 300 members in Washington, D.C., for its Governmental Affairs Conference. Add a couple hundred other bankers participating in organized fly-ins. And that calls into question whether this was their plan all along. This was the strongest display of the banks’ grassroots yet with undoubtedly more to come.

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