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Banks and credit unions spar over proposals
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Banking, Consumer Protection, Financial Stability, Legislation
Tuesday, January 26, 2016
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In response to the National Credit Union Administration’s field-of-membership proposals that would expand the reach of federally chartered credit unions, the American Bankers Association, Independent Community Bankers of America and the National Association of Federal Credit Unions have sent letters to Senate Majority and Minority Leaders Sens. Mitch McConnell (R-Ky.) and Harry Reid (D-Nev.) and House Majority and Minority Leaders Reps. Paul Ryan (R-Wis.) and Nancy Pelosi (D-Calif.). Read on to catch the latest news in advocacy efforts.
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