Changing Dodd-Frank regulations will help Main Street
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 that it helps Main Street far more than it helps Wall Street. Credit unions are Main Street. We are community-based, local not-for-profit financial cooperatives. We reinvest our earnings back in our members. In fact, there are nearly 700,000 credit union members in Maine and our credit unions work every day to improve their financial lives.