CU Leaders Raise Their Voices Going Into Gov. Relations Rally
The California Community Reinvestment Act will not move forward in its current form! It is now important for credit union leaders to keep the advocacy drumbeat strong going into next week’s California Government Relations Rally (GRR) in Sacramento, as there are other issues impacting the industry statewide.
The news on Senate Bill 1176 from State Sen. Monique Limón's office (author of the bill) came on the heels of a short but mighty fight over the past few weeks by the California Credit Union Leauge and credit unions across the state. All indications are that this bill will be amended. Credit union leaders should stay tuned.
In addition to the League’s boots-on-the-ground advocacy, credit union leaders, staff and volunteers sent more than 1,800 Connect for the Cause messages in less than five days to members of the California State Senate and made numerous phone calls to key members of the Senate Banking and Financial Institutions Committee. This fierce opposition helped lead to the state CRA proposal for credit unions being tabled! Many credit union leaders, professionals and volunteers have made the difference by their quick response to the League's call to action.
The League is proud to keep a robust and balanced dual-charter system in place, and it appreciates all credit union advocates across the state who united to stop this troublesome bill. With credit unions' help, the League has been able to display a fiercely strong pattern of advocacy for state legislators to hear and see — especially over the past two years.
However, NOW is the time for credit union leaders to keep their political advocacy going strong. If you haven’t registered for GRR, please register here. The League is now turning its attention to other essential issues that impact all credit unions in the days and weeks ahead.
"We want to thank you for all you do," said Robert Wilson, vice president of state government affairs for the League. "Please stay engaged as we go into next week's Government Relations Rally — the most important annual political event for credit unions across our state."
