WASHINGTON--A new targeted digital advertising campaign from the Defense Credit Union Council (DCUC) highlights the "risks and concerns" of adding Senator Dick Durbin’s (D-IL) and Senator Roger Marshall’s (R-KS) proposed Credit Card Competition Act (CCCA) language to the 2025 National Defense Authorization Act (NDAA).
The effort is backed by DCUC's Defending Credit Unions National Advocacy Fund.
"The advertising campaign reaffirms DCUC’s position that any CCCA-like amendments could jeopardize important defense-related legislation while attempting to enrich the largest multinational retailers at the expense of our nation’s military and veteran consumers," DCUC said.
“This advertisement campaign allows us to raise awareness of the potentially harmful effects the Credit Card Competition Act could have on service members, veterans, and their families,” said Jason Stverak, DCUC chief advocacy officer. “It also serves as an important tool to inform and engage the American public, encouraging them to share their voice. DCUC remains at the forefront of this issue, advocating on behalf of our member credit unions and the broader credit union movement.”
“Our National Advocacy Fund is already enabling us to bolster our advocacy efforts, such as this targeted ad campaign to combat harmful CCCA legislation, and continue amplifying our concerns to key decision-makers,” said Anthony Hernandez DCUC president/CEO. “It’s imperative Congress, and the American public understand the negative impacts this legislation poses to American consumers, especially those serving or who have served our country.
“We will continue to safeguard these communities’ access to safe, reliable financial services that credit unions have provided for decades," Hernandez continued. "DCUC is fiercely committed to being the driving force in Washington when safeguarding and championing the credit union difference.”
Hernandez shared more about DCUC’s position on this issue here.