Legislative Update with Jay Kruse
by Jay Kruse
Chief Advocacy Officer

Good Morning!


Time flies! Believe it or not, we’ve officially made it to the halfway point of 2019. It’s been a productive first two quarters of the year, and we are excited to continue to build off of our recent advocacy wins as we plan our next trip to Washington D.C. for our annual Credit Union Association of the Dakotas Fall Hike-the-Hill event. So let the 4th of July holiday serve as a brief intermission to catch your breath while Congress is also on recess before we attack our goals for the remainder of the year.


Advocacy isn’t a single event. It is a process specifically designed to develop and build our relationships with our elected officials while also emphasizing our priorities to modernize and improve the operating environment for credit unions in the Dakotas. But, we can’t effectively advocate without your help.


Our roster is already full for this year’s Fall Legislative/Regulatory Hike-the-Hill, taking place September 17-19th. However, we are still asking all members to provide us with any regulatory or legislative issues that are important to your credit union, including specific stories or examples of how these issues are affecting your membership. This helps ensure our meetings with the NCUA, CFPB, and Dakotas’ Congressional Delegation are as efficient and effective as possible. If you have a story to share or are interested in attending a future Hike event, please reach out to Amy Kleinschmit or me, Jay Kruse as soon as possible.


In addition to your specific issues, our 2019 regulatory relief priorities for the remainder of the year will focus on:

  • Appraisal availability;
  • Updating and modernizing the Bank Secrecy Act (BSA);
  • Home Mortgage Disclosure Act (HMDA) relief;
  • Federal Credit Union Act modernizations;
  • Data privacy and security;
  • The Federal Communications Commission’s default call-blocking rule;
  • Americans with Disabilities Act (ADA) website accessibility;
  • Housing finance reforms; and
  • SAFE banking alternatives, just to name a few.

If you would like to talk through any of our federal legislative priorities or the issues facing your credit union that we could share with our Congressional delegation, be sure to reach out to our CUAD advocacy team.


Have a safe and relaxing 4th of July!



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