NJ Joins Annual GAC Hike-the-Hill

WASHINGTON – Nearly 5,000 credit union representatives, with an advocacy strategy of visiting each of the 535 U.S. Senate and House offices, descended on Capitol Hill during CUNA’s annual Governmental Affairs Conference (GAC) and Hike-the-Hill last week.

Twenty-one professionals and volunteers from eight New Jersey credit unions joined NJCUL President/CEO David Frankil and Vice President of Corporate & Governmental Affairs Chris Abeel in meetings with the offices of 10 of the state’s 14-member delegation. Discussions centered on regulatory burden and the need for common-sense regulation, preservation of the CU tax exemption, data security, housing finance reform, and credit union charter enhancements such as supplemental capital.

Congressman Donald Norcross (D-1) took time to meet personally with New Jersey credit union advocates. 


Pictured left to right: Liberty Savings FCU CIO, NJCUL Political & Legislative Action Network member, and NJ Credit Union Advisory Council member Jim Miller, Jr.; Liberty Savings FCU President/CEO Maria Solorzano; Credit Union of NJ Board Chair and NJCUL Political & Legislative Action Network member Gary Chizmadia; Congressman Norcross; Credit Union of NJ President/CEO, NJCUL Board Chair, and NJ Credit Union Advisory Council member Andy Jaeger; and NJCUL VP of Corporate & Governmental Affairs Chris Abeel.

Several New Jersey delegation members hold significant committee assignments when it comes to financial services issues and legislation. Sen. Menendez (D-NJ) is a senior member of the Senate Banking Committee. On the House side, Reps Tom MacArthur (R-3) and Josh Gottheimer (D-5) sit on the Financial Services Committee, Rep. Bill Pascrell (D-9) is a senior member of the House Ways & Means Committee, which has primary jurisdiction over all tax legislation and Rep. Frank Pallone (D-6) is the ranking member of the Energy and Commerce Committee.

The League is also conducting in-district meetings with the state’s delegation already this year meeting with MacArthur and Gottheimer.

in Legislative & Political News