MD|DC Credit Union Association Thanks Delegation for Support on NDAA

Association President/CEO John Bratsakis sent letters to Senator Chris Van Hollen and Rep. Anthony Brown to thank them for supporting the National Defense Authorization Act without a provision that would have allowed banks to operate on military installations.

"Credit Unions are not-for-profit, democratically controlled, member-owned financial institutions which always put the needs of the members before all else," stated MD|DC CUA President/CEO John Bratsakis. "For these reasons, credit unions have been granted the privilege of negotiating for cost waivers with military base commanders. Granting these same privileges to for-profit institutions would not protect our military members and we are glad to see this provision removed."

The bill now goes to the White House for President Trump to sign.