As NAFCU’s award-wining advocacy team continues to closely monitor the election cycle, NAFCU President and CEO Dan Berger Monday shared credit union priorities with President Donald Trump and former Vice President Joe Biden – the Republican and Democratic candidates, respectively, for the 2020 presidential election.
“Credit unions are fundamentally different than for-profit financial institutions, both in purpose and structure,” wrote Berger. “As owners of cooperative financial institutions united by a common bond, all credit union members have an equal say in the operation of their credit union – “one member, one vote” – regardless of the dollar amount they have on account.”
In the letter, Berger highlighted that ensuring credit unions are able to grow and thrive is vital to the financial health of communities across the nation and noted key steps credit unions have taken to safely serve more than 121 million consumers amid the coronavirus pandemic. See the credit union difference for yourself.
Berger also shared NAFCU’s 2020 advocacy priorities, outlining the top issues that are currently impacting credit unions. The five tenets include:
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