Credit Unions Climb the Capitol to Connect with Congress

The MD|DC Credit Union Association organized Wednesday’s Climb the Capitol to advance the credit union agenda directly with lawmakers.

Van Hollen 2019 870x310

(left to right) Rory Murray, MD|DC CUA VP of Advocacy; John Bratsakis, MD|DC CUA CEO; U.S. Senator Chris Van Hollen;
Cassandra Hairston, NIHFCU VP of Community Engagement; Andre Lucas, MD|DC CUA Director of Compliance

Credit unions met with Senator Chris Van Hollen and Congressman John Sarbanes, along with staff for Senator Ben Cardin, House Majority Leader Steny Hoyer and Congresswoman Eleanor Holmes Norton.

One of the key issues that was discussed was the need for data breach legislation that would protect consumers and credit unions by creating national standards for notification and accountability on par with the requirements of financial institutions under Gramm-Leach-Bliley. There was general agreement by members of Congress and their staff that the issue of data breaches needs to be addressed legislatively but conceded that it is a challenging issue.

Credit unions also thanked members of the Maryland and DC delegations for their continued support of the credit union tax status.