WASHINGTON—A long-time credit union supporter, House Financial Services Committee member Rep. Brad Sherman (D-CA) told NAFCU’s Congressional Caucus he remains committed to protecting credit unions’ tax-exempt status.
“Your members like you,” Sherman said, adding that politicians hear from constituents about the good work their credit unions do for them.
He told Caucus credit unions will continue to have broad support on Capitol Hill “as long as you serve your members and they understand what the credit union movement does for them.”
Sherman outlined several of his legislative priorities he said are aimed at helping credit unions thrive, including removing the member business lending (MBL) cap to bolster small businesses’ access to credit, holding the CFPB accountable for tailoring regulations for credit unions and small financial institutions, and more.
Award Winners
Separately, during the meeting, NAFCU announced winners of its 2023 Annual Awards and 2022 NAFCU/PAC Credit Union Challenge.
The winners include:
- White Hat Award Winner: Oregon State Credit Union
- Credit Union Challenge Winner – Under $250 Million: Arlington Community Federal Credit Union
- Credit Union Challenge Winner – Between $250 Million and $750 Million: ABNB Federal Credit Union
- Credit Union Challenge Winner – Greater than $750 Million: Visions Federal Credit Union
- Individual Credit Union Challenge Award: Ty Muse, president and CEO of Visions Federal Credit Union
- 2023 Paul Revere Winner: Brandee Bickle, vice president of governmental affairs and executive projects at Georgia’s Own Credit Union
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