CP Federal is your credit union! As a member, you are an owner and a voice! It's important to stay up to date on important credit union issues that pertain to you and your rights as a credit union member. By staying informed on important issues from regulations and legislations to the credit union movement and financial education, you can be a positive impact on your future and ensure that we remain the best financial service option for you.
A Letter from Chrissy Siders, President/CEO
For the past year we're been working hard to promote the Campaign for Common-Sense Regulation. Yesterday Senate Majority Leader McConnel announced that S. 2155 will get a vote on the Senate floor!
S. 2155 – the Economic Growth, Regulatory Relief, & Consumer Protection Act provides the perfect solution to help ease the regulatory burden small financial institutions like credit unions face. Credit union members will benefit directly from this bill's passage through increased protections from elder abuse for seniors, and a simpler and quicker mortgage process, and better access to affordable housing in our local communities. Additionally, your credit union will be able to allocate more of your time to serving members than working on compliance.
As a MAP credit union, you committed to educating your members and employees on legislation that impacts them directly. If S. 2155 passes, the regulatory burden you are facing will be decreased and your members will benefit from greater member service.
The Senate is expected to vote on S. 2155 either Wednesday or Thursday next week and we need you to do the following:
- Communicate with your members on this crucial bill and encourage them to call, email and tweet their Senators. Use this template.
- Encourage your employees to call, email and tweet their Senators and post messages in support of S. 2155 on social media. Recommended Social Media Posts.
Thank you for all your work to educate your members about the campaign through MAP. We appreciate all the hard work you've done and now is the time to make another push! Groups opposing S. 2155 have already sent 450,000 emails. If you go out to your members, you can submit your results directly on the MAP toolkit in the results section.
If you have any questions or need clarification about any of this, please do not hesitate to reach out to myself or Richard Gose. Thank you for all you do!
Thank you for your consideration,