America's Credit Unions invite you to stop by Booth #1037 in the Colorado Convention Center during this year's NCSL Legislative Summit. Learn how credit unions in your state improve people’s financial well-being and advance the communities they serve.
Join Chief Economist, Mike Schenk, of the Credit Union National Association on Monday, August 1st at 2:45pm for a panel discussion on Financial Well-Being.
For over a century, America’s credit unions have made a difference in underserved communities across the country by providing critical financial services to people banks overlook. Nearly 50% of credit unions have a specific focus on serving low-income communities—providing affordable interest loans, higher savings yields, and lower fees. America’s credit unions create competition in underserved communities forcing other financial institutions to offer more services at better prices to customers. Over the last ten years credit unions have increased the number of branches, while other financial institutions have repeatedly closed branches turning more areas into banking deserts. Credit unions are restricted by their Field of Membership (FOM), which is often one of the major barriers to providing consumers with high-quality financial services, talk with your local credit union association to see how legislative adjustments can help serve more people.
Click here to find where credit unions are located in your district.
Learn about other credit unions issues affecting your constiuents by visiting our Resources page.