WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) has called on the House Small Business Committee to include credit unions in SBA lending programs, ensuring small businesses—especially in underserved areas—have greater access to capital. While community banks have traditionally dominated SBA partnerships, DCUC’s letter shared how credit unions also play a crucial role by offering relationship-based lending, competitive loan terms, and vital financial services in rural and underserved communities.
WASHINGTON, D.C. – Today, the Defense Credit Union Council and the Dakota Credit Union Association (DAKCU) wrote to the House Agriculture Committee highlighting credit unions’ role in supporting farmers and ranchers ahead of its upcoming hearing, “Examining the Economic Crisis in Farm Country.”
In the letter, DCUC and DAKCU emphasized the critical contributions of community-based financial institutions in sustaining America’s agricultural sector, serving as essential financial partners to farmers, ranchers, and rural communities, many of whom have been left behind by large banks. WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) sent a letter to the Senate Banking, Housing, and Urban Affairs Committee ahead of its hearing on “The Semiannual Monetary Policy Report to Congress,” highlighting key challenges facing defense credit unions and proposing solutions to sustain their mission.
WASHINGTON, D.C. – Today, The Defense Credit Union Council (DCUC) wrote to the House Veterans Affairs Committee in advance of the hearing titled “Bureaucratic Barriers: Making VBA Education Services Work for Veterans and Not the Bureaucracy.”
WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) sent a letter to the House Financial Services Committee (HFSC) in advance of the hearing titled "A Golden Age of Digital Assets: Charting a Path Forward." In the letter, DCUC Chief Advocacy Officer Jason Stverak addresses the regulatory challenges credit unions face in integrating digital assets, highlighting the lack of clear guidance, secure custody solutions, and access to Federal Reserve payment systems.
WASHINGTON, D.C. – Today, the Defense Credit Union Council (DCUC) sent a letter to the Judiciary Committee on Administrative State, Regulatory Reform, & Antitrust, ahead of its hearing on “Reining in the Administrative State: Regulatory and Administrative Law Reform.” In the letter, DCUC addresses the increasing regulatory burden facing credit unions and proposes solutions for reform.
Driving the Week
Government Funding Lawmakers are once again facing a government funding deadline in just over a month. The current continuing resolution (CR) expires on March 14, and lawmakers must pass another CR or complete action on the FY 2025 appropriations bills to avoid a government shutdown. In addition, spending caps will take effect under the Fiscal Responsibility Act on April 30. Your weekly advocacy update: Stay informed, take action, and champion the voice of America’s defense credit unions! It's been an exceptionally busy week in terms of DCUC's advocacy efforts. We've sent several letters to congressional committee offices, attended multiple hearings and meetings on Capitol Hill, and hosted discussions with the press and our Military Advocacy Committee on pressing issues.
We also want to thank each of you who have sent letters to your state Representatives and Senators. Our goal is to best support you and your members. Please do not hesitate to contact me or our team with any questions or concerns. WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) applauds Senators Elizabeth Warren (D-MA), Mazie Hirono (D-HI), Tim Kaine (D-VA), and Mark Kelly (D-AZ) for their leadership in addressing the financial challenges facing service members and their families, including the rising cost of military housing.
WASHINGTON, D.C. – Today, the Defense Credit Union Council (DCUC) wrote to the Senate Agriculture, Nutrition, and Forestry Committee ahead of its hearing, titled “Perspectives from the Field: Farmer and Rancher Views on the Agricultural Economy Part 1.”
Credit unions continue to serve the financial needs of rural communities across America, providing essential financial services and products to farmers, ranchers, and agricultural communities, many of whom have been abandoned by large banks. DCUC urged the committee to address challenges hindering credit unions’ capacities of service to these populations, including: |
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