Bangor Daily News June 7, 2018 Credit unions support the passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act, S. 2155, which recently passed the U.S. House of Representatives and had the “yes” vote of Rep. Bruce Poliquin. Although some groups have mischaracterized the bill as boon to big banks, the reality is […]
Credit unions and other small community financial institutions keep the U.S. economy humming. More than 110 million Americans are members of credit unions and over 465,000 Alaskans are credit union members.
In Kansas City and throughout the region, credit unions and other small financial institutions help us thrive and grow financially. Small businesses that provide key services to consumers and serve as the backbone of our communities depend on credit unions and small banks to provide the loans they need to succeed.
Hard-working Missourians deserve more financial options and credit unions, and community banks are key to having those choices. This is true throughout mid-Missouri, including our small towns and rural communities. There is a solution at hand that will tackle regulatory burdens threatening our hometown options while still maintaining important consumer protections.
At a time when partisan politics are all too common, we are seeing something different from Congress. The U.S. Senate passed the Economic Growth, Regulatory Relief, and Consumer Protection Act, with both parties voting in favor. Our lawmakers have returned to Washington. Now it’s time to move this bill across the finish line and into law.