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Jim Nussle of CUNA
Policy advocacy for credit unions to be main point of discussion.
In a development that would have been extremely unlikely just a year ago, CUNA President/CEO Jim Nussle will be attending NAFCU’s Congressional Caucus to be held Sept. 10–13 in Washington.
The two trade groups recently announced that they will merge if the membership of both groups approve the arrangement. Nussle would then become the president/CEO of the new trade group, to be known as America’s Credit Unions.
What They’re Saying
“The merger clearly is a hot topic,” Greg Mesack, NAFCU’s senior vice president of government affairs, told reporters on a conference call Monday. “A lot of people are talking about it.”
Mesack said that Nussle’s attendance will be “advocacy-focused,” adding that he will be talking about what the proposed merger means specifically for policy advocacy.
Seeking Support for the Merger
Clearly, with many NAFCU members likely in attendance, Nussle and NAFCU President/CEO Dan Berger will be lobbying members to vote in favor of the merger.
Nussle is expected to join Berger on stage to welcome attendees and will “sit down with NAFCU Senior Vice President of Government Affairs Greg Mesack to discuss top credit union issues and the importance of advocacy and meet with credit union leaders to discuss the impact of the potential merger and answer questions.”
Focus on Credit Card Interchange Legislation
Typically, credit union officials visit Capitol Hill to meet with lawmakers and their staffs to lobby on hot button issues.
Legislation that would change the credit card interchange system will be a subject of much of that lobbying.
NAFCU officials said Monday that in order to “to bolster credit unions’ efforts to raise awareness with lawmakers about how this legislation would impact the industry,” the trade group is partnering with Visa and Mastercard to pay the conference registration for credit union CEOs along with one additional attendee from their institutions.
Industry News
