|Former NBC News Anchor Tom Brokaw addressing the CUNA Governmental Affairs Conference on Monday. The GAC has featured a terrific lineup of guest speakers and political leaders throughout the past two days. On Wednesday, the focus switches to Capitol Hill, as credit union advocates meet with members of Congress. (Photo courtesy of Chris Angel/Mountain CU.)
More than 80 credit union advocates representing 20 NC credit unions will meet with their elected leaders today. Maintaining the credit union corporate tax exemption will be a key focus for the day’s meetings. The day’s events will also offer a chance for credit union advocates to meet with the newly-elected members of the US House of Representatives from NC.
The US House delegation from NC includes four new faces, all of whom are Republicans: Richard Hudson (8th District), Robert Pittenger (9th District), Mark Meadows (11th District) and George Holding (13th District). For most in attendance at the GAC, this will be the first opportunity to meet with the freshman lawmakers.
“The League and some credit union representatives have had the chance to meet with our new members of Congress since the election,” remarked Dan Schline, the SVP of Association Services. “Since we have so many different credit unions participating in these meetings in Washington, it will allow many more credit union staff the chance to meet with them, and give the freshmen lawmakers the opportunity to learn a little bit more about how credit unions are serving people back home.”
In addition to having four freshman lawmakers in the Congressional delegation, the push for tax reform in Washington has added to the significance of the day’s meetings. “Maintaining the corporate tax exemption for credit unions will be front-and-center for our group today,” noted Schline. “As not-for-profit member-owned financial cooperatives, credit unions return great value to communities throughout the state. We’ll be stressing the importance of maintaining the corporate tax exemption throughout the day.”
The meetings kick off later this morning with Senators Richard Burr and Kay Hagan. In the afternoon, credit union advocates will fan out across Capitol Hill in order to meet with NC members in the US House of Representatives.