NY CU advocates prepare to Hike the Hill in D.C.


New York credit union advocates are preparing to attend a “Hike the Hill” event hosted by the New York Credit Union Association in Washington, D.C.

The two-day event, slated for Sept. 23-24, is exclusively for New York credit union advocates.

The first day of the event will kick off at 3 p.m. with a meeting with NCUA Chairman Rodney Hood at the agency’s headquarters. The attendees will have an opportunity to discuss several important matters with the industry’s chief regulator, including the risk-based capital rule, extended exam cycles, examination issues and consistency, the National Share Insurance Fund, the new CECL accounting standard, and the overall regulatory burden facing credit unions.

Attendees will then have an opportunity to network at a dinner that will be held later in the evening.

The second day will kick off with an early morning legislative briefing, which will prepare attendees for the day’s legislative visits. The advocates will then spend the rest of the day meeting with federal lawmakers on Capitol Hill and discussing key legislative issues impacting the state’s credit unions, including:

  • overdrafts;
  • cannabis banking;
  • CDFI funding;
  • military base banking;
  • data security;
  • BSA/AML relief; and
  • housing finance reform.

The New York Minute will provide a recap of the event in Wednesday’s edition. Updates from the event will be posted on the Association’s Facebook, Twitter, LinkedIn and Instagram accounts.

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