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Kansas City Credit Union Advocates Meet U.S. Rep. Cleaver

A capacity crowd of credit union advocates met with U.S. Rep. Emanuel Cleaver II (D-District 5) in his Kansas City district office on August 24. Staff and volunteers from Holy Rosary Credit Union, CommunityAmerica Credit Union, Kansas City Credit Union, United Consumers Credit Union, Mazuma Credit Union and the Missouri Credit Union Association took part in the meeting.

Attendees included:

  • Tracey Hannah, CommunityAmerica Credit Union
  • Dennis Pierce, CommunityAmerica Credit Union
  • Rachel Barker, Holy Rosary Credit Union
  • Eric Jones, Kansas City Credit Union
  • Janice Smith, Kansas City Credit Union
  • Brandon Michaels, Mazuma Credit Union
  • Chris McCreary, United Consumers Credit Union
  • Jay Neathery, United Consumers Credit Union
  • Amy McLard, the Missouri Credit Union Association

Congressman Cleaver discussed a variety of issues, starting with data security.

"I believe that this is something Congress needs to address," says Cleaver. "It's affecting so many people across the board."  

The Data Security Act of 2015 (H.R. 2205 and S. 961) has provisions to address many data breach concerns.

Cleaver serves on the House Financial Services Committee, which just heard four regulatory relief bills prior to the August work period, and another two are expected upon lawmakers' return to Washington, D.C. in September. Attendees urged him to support these bills, including the Homebuyers Assistance Act (H.R. 3192), which would provide a hold-harmless time period for those that make good faith efforts to comply following implementation of the Consumer Financial Protection Bureau's (CFPB) TILA-RESPA Integrated Disclosures (TRID) rule.

"Having the hold-harmless language in place during this time of transition is really important for financial institutions that are making a good faith effort to comply with the change," says Tracey Hannah, of CommunityAmerica Credit Union.

The group updated U.S. Rep. Cleaver on CFPB's overdraft protection (ODP) efforts and the need for consumers to have access to this program, and then discussed member business lending legislation. The meeting wrapped up with a discussion on tax reform and the need to maintain the credit union tax status.

Click here for the briefing materials shared with Congressman Cleaver.

MCUA is working on additional in-district meetings, and plans are already underway for Hike the Hill, October 20-22, in Washington, D.C. Click here to register for Hike the Hill.