...because of regulatory concerns
Part one in a series about the value of League membership
One of credit unions’ top concerns is preserving a regulatory environment that protects members without inhibiting credit unions’ ability to deliver services and grow.
Your League monitors both state and federal
rules and regulations from when they’re first proposed through
their implementation, using input from credit unions to shape the
specific requirements credit unions must follow under the law. Together we accomplished a lot on the regulatory front in
2013. For example, we:
"Credit unions work together through The
League to provide regulators front-end input – practical insights
to help them appreciate the good that credit unions are doing for their
members and how increased regulation puts a strain on serving members,"
said Jo Whiting, The League's Executive Vice President/Chief Advocacy
"If credit unions only engage with legislators during lawmaking, and ignore the regulatory process that implements laws, they miss a critical window in which to influence the operating environment that directly affects member service as well as the steps they must take to comply with the law. It's why our regulatory advocacy is such an important platform from which credit unions can make their voices heard."
Our entire article series about what we have accomplished together in 2013 as a united League is archived at www.theleague.coop/membershipmatters.
©2005 Wisconsin Credit Union League. All rights reserved.