Member Activation Program
Member-owned credit unions like Together Credit Union are focused on our members and local communities. We know that our middle-class members in our communities need strong representation from their Credit Union. This page is designed to inform you that Together CU tremendously values your membership and that we will continue to represent our members in Jefferson City and Washington, DC.
We encourage you to refer to this page to keep you informed on the most current issues Credit Unions like Together CU are facing. We also want you to know about the types of actions we are taking on your behalf. [Click here to read the full Advocacy Introductory Letter]
October 10, 2018
Remember to Vote!
As your Credit Union, we wanted to send you a reminder that the mid-term elections are quickly approaching and remind you to vote. It is important to have your voice heard and participate in the process.
At Together CU, we pride ourselves on our community involvement and see it as our duty to encourage our members to participate. Your vote matters!
Congress will discuss many crucial issues this coming session and it is important to have your voice heard. Many of these issues, including data breaches, financial regulations, and taxation, all have an impact on Together Credit Union, as well as on credit unions throughout the country.
Take data breaches for example. We believe protecting the privacy and security of our members' accounts is our most important responsibility. Under the current system, when we discover a data breach at retailers like Target, Home Depot, Best Buy, Sears, and others, we take action immediately to change account numbers and issue new credit and debit cards for our members who were affected.
And, in many cases, we can't even tell you which merchant caused the breach even though we are working to protect your account from the fraud. The current system is broken and hopefully will be addressed in the next Congress.
You can check your voter registration status right on the CUNA website. Additionally, this website can tell you where your polling station is located and what early and absentee voting options you have.
As a credit union member, you have a voice, but only if you use it!
May 24, 2018
Major CUNA, CU Victory Complete as President Trump signs S. 2155
President Donald Trump signed S. 2155 into law today, enacting a major piece of CUNA-supported bipartisan regulatory relief legislation. CUNA strongly supported the bill from the earliest negotiations in the Senate, and remained engaged with leagues and credit unions through House passage of the bill May. 22.
May 22, 2018
CUs Earn Historic Victory as House Passes S. 2155 Regulatory Relief Bill
The House voted Tuesday to pass the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155), a bipartisan regulatory relief bill that will provide much needed regulatory relief for credit unions. Having passed the Senate in March, the bill now goes to President Donald Trump for his signature, which is expected in the coming days.
“CUNA, state credit union leagues, credit unions and credit union members all deserve a major round of applause for getting this historic bill through Congress and onto the president’s desk,” said CUNA President/CEO Jim Nussle. “From the moment a group of bipartisan Senators unveiled this bill, credit unions told them loud and clear that this is an essential piece of regulatory relief legislation that will improve access to mortgage lending, real estate loans and other products and services, while putting focus on senior abuse and cyberthreats.
April 10, 2018
Your Credit Union Meets with U.S. Rep. Ann Wagner to Discuss Key Issues S. 2155
U.S. Rep. Ann Wagner (R-MO District 2) met with credit union leaders from across the district at American Eagle Credit Union’s Fenton branch on April 4. Wagner, who serves on the House Financial Services Committee and in leadership positions, focused the discussion on S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act, as it moves from the U.S. Senate to the U.S. House. Wagner expressed her strong support of the regulatory relief bill, as well as steps to address data security and data breaches.
Meeting participants thanked Wagner for being an original cosponsor for H.R. 5266, the Financial Product Safety Commission Act of 2018. The bill would amend the Consumer Financial Protection Act of 2010 to make the CFPB an independent Financial Product Safety Commission, and heading it with a five person bipartisan board rather than one director.
March 6, 2018
Economic Growth, Regulatory Relief, and Consumer Protection Act
The U.S. Senate recently passed the Economic Growth, Regulatory Relief, and Consumer Protection Act. This bill will provide regulatory relief to Main Street financial institutions including credit unions and community banks while maintaining regulations for Wall Street. Click here to see the full text of the bill.
The legislation is now with the U.S. House of Representatives, and its passage would mean the process of getting mortgage loans from credit unions would be easier and more straightforward for consumers. It would adjust thresholds that ensure lending regulations intended to reign in Wall Street banks do the job without overburdening Main Street credit unions and small banks. It would change how credit unions designate certain apartment loans, freeing up capital for additional small business lending, and it would provide important safeguards against elder abuse, giving greater protections to some of the most vulnerable consumers of financial services.
December 7, 2017
Credit Union Wins Support in Committee
A Senate committee Tuesday moved toward approval of bipartisan legislation to ease regulations on smaller banks.
Supporters of the bill by Senate Banking Committee Chairman Michael Crapo, D-Idaho, including nine Democrats and one independent, called it a sensible step to reduce burdens, mostly on community banks and credit unions, to make it easier for consumers to get mortgages and obtain credit.
July 14, 2017
Rick Nichols of River Region CU Testifies before Congress on Regulation Relief