Congress Continued to Hear about CUs’ Support During Shutdown

Credit unions in every state, congressional district and community stepped up to help workers affected by the government shutdown, CUNA has told Members of Congress in weekly communications throughout the shutdown. Using information that credit unions are sharing with CUNA, the shutdown assistance page is helping to reinforce the "people helping people" philosophy at the core of the credit union makeup.

“Members of Congress are rightly concerned about the effects of the shutdown on more than 800,000 affected workers, and we wanted to make sure they stay up-to-date about how credit unions are working hard around the country to come to members’ aid,” said CUNA Deputy Chief Advocacy Officer Eli Joseph.

The messages highlight services like 0% APR loans, skip-a-payment, penalty forgiveness, withdrawal and other fee waivers and more, available to federal workers affected by the shutdown.

CUNA also responded directly to several lawmakers that reached out for information on how financial institutions are responding to the shutdown.

Rep. Maxine Waters (D-CA), chair of the House Financial Services Committee, reached out at the beginning of last week, and CUNA responded with its full list of credit unions assisting members.

This list was also sent to Sens. Robert Menendez (D-N.J.), Brian Schatz (D-Hawaii), Chris Van Hollen (D-Mary.), Catherine Cortez Masto (D-Nev.) and Kyrsten Sinema (D-Ariz.), of the Senate Banking Committee, on Thursday in response to a letter to credit unions and other financial institutions asking what they are doing to aid workers impacted by the shutdown.

The New Jersey Credit Union League (NJCUL) also reached out separately to Sen. Robert Menendez (D-NJ) offices.

New Jersey credit unions willing to share their story of helping federal employees during the government shutdown, should contact NJCUL Vice President of Corporate and Governmental Affairs, Chris Abeel, at cabeel@njcul.org or 1-800-792-8861, ext. 127.