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WASHINGTON–There is one clearly bipartisan agreement in Congress: it’s never been more partisan. Beyond that, credit unions at NAFCU’s Congressional Caucus here heard from a half-dozen representatives and senators with just as many views on the upside/downside of gridlock; a 60-foot-high pile of regulations; why community banks and CUs should stop fighting each other; the perspective that being 75-years old brings, and all about a “holy writ” and she who must not be named.

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Symitar

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Symitar® serves more than 850 credit union clients and has the largest market share of credit unions on a single platform with assets exceeding $50 million. We offer two core products; Episys®, for medium-to-large sized credit unions, and CruiseNet®, which serves small to mid-sized credit unions. Both platforms are available as in-house or hosted solutions. Symitar’s technology is unmatched in flexibility, connectivity, stability, and functionality. Our data processing systems, integrated with best-of-breed ancillary solutions and supported with unparalleled client service, meet the needs of any progressive credit union. Learn more at www.symitar.com

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WASHINGTON–Dixies FCU President and CEO Scott Eagerton testified before Congress that the “overwhelming tidal wave” of regulations, especially in the wake of the Dodd-Frank Act, is hurting credit unions and, as a result, their members.

MADISON, Wis.–Memberships in credit unions surged a record 573,000 during August, and were up 3.7 million over the 12 months ending the same month, according to the newest Trends Report released by CUNA Mutual Group.