Credit unions and the Association connected with lawmakers and regulators — and celebrated the cooperative spirit!

Here’s a wrap up of GAC:

Hike the Hill: Credit unions met with Senator Chris Van Hollen and a staffer. Among the issues discussed, maintaining credit card interchange fees, the Credit Union Board Modernization Act and increased funding for Community Development Financial Institutions.

Advocacy Luncheon: NCUA Board Member Rodney Hood was the guest speaker at the Association’s advocacy luncheon. He revealed that the NCUA will soon be announcing a refund of about $281 million to 2,900 credit unions from the Share Insurance Fund. Hood also reflected on the work the agency has done on CUSOs, loan participation rules, and support for Minority Depository Institutions as well as progress made on inclusion efforts with the establishment of the ACCESS Initiative and the annual Diversity, Equity, and Inclusion Summit which is now in its fourth year.

Association Crashers: Three Crashers had the honor of participating in the parade of flags ceremony to officially open GAC. Spectra Credit Union’s Courtney Gray joined MD|DC Credit Union Association President/CEO John Bratsakis in representing the District of Columbia. Del-One Federal Credit Union’s Dr. Shallon Poulson and Andrews Federal Credit Union’s Kyle-Anne Eaton carried the Maryland flag.

AACUL on Stage: MD|DC Credit Union Association President/CEO John Bratsakis joined fellow League Presidents on the GAC stage to share data demonstrating the collaborative strength of the credit union system. The numbers show the breadth and depth of support Leagues have provided to credit unions in 2022. Leagues held over 6,200 meetings with lawmakers and policymakers, tracked more than 4,700 state bills, and impacted the outcome of 460 bills.

AACUC Hall of Fame:AACUC Hall of Fame: Seven credit union leaders were honored by the African-American Credit Union Coalition (AACUC) for their distinguished contributions to the credit union movement, including four honorees from DC-based credit unions affiliated with the MD|DC Credit Union Association.
Those four inductees are:
• Timothy L. Anderson, President/CEO, United States Senate FCU
• Carla Decker, COO, IDB Global FCU
• Melinda Edmunds, President/CEO, Patent and Trademark Office FCU
• Michael Ray, Vice President of Business Development, PAHO/WHO FCU