Several weeks ago, Senators Durbin (IL) and Marshall (KS) introduced a bill that would change the interchange system. Just this fall, the Representatives Welch (VT) and (TX) introduced their companion bill. This bill poses a serious threat to sensitive financial data for millions of consumers – including credit union members. Allowing retailers to choose the network based on nothing more than cost creates a race to the bottom: not only would credit unions lose interchange revenues needed to keep your members financially secure, but the processors are likely to skimp on important services like network security. It’s important to continue voicing your concerns regarding both these pending bills with our leadership through CUNA’s Grassroots Action Center.
Project Zip Code (PZC) is a user-friendly, secure computer program that counts your members and matches them by congressional district, state legislative district, and county. These counts are then uploaded to CUNA’s Project Zip Code website and combined with data from other credit unions nationwide. Many credit union members reside in states other than the state in which their credit union is domiciled. This is why it’s important that all credit unions participate; without full participation, we can’t get a clear picture of our grassroots strength! Project Zip Code aids in federal and state advocacy efforts and participation provides operational benefits. Credit unions can view credit union members by geographic area, which can be useful for placing ATMs and branches.
Your information is confidential and secure with Project Zip Code. No personally identifiable data or individual information leaves your computer. Project Zip Code receives only the counts of records successfully matched by the program.
Trips to DC
GAC—CUNA’s Governmental Affairs Conference is the only credit union governmental affairs conference of its kind. This annual event offers the opportunity to network with peers, hear from key legislative and political leaders, and experience a variety of breakout sessions on credit union hot issues. GAC also offers the largest exhibit hall for credit unions, with a wide variety of products and services for your operational needs. The 2023 GAC is scheduled February 26–March 2.
Hike the Hill is a grassroots program designed to provide credit union advocates the opportunity to visit Washington D.C. to educate decision makers on credit union issues. When credit unions participate in Hike the Hill, they demonstrate that credit union support has a real face, real concerns, and real stories of how credit unions affect the lives of working Americans.
