N.J. Day at Credit Union House: CU Advocates Meet with Lawmakers

WASHINGTON – Representatives of NJCUL member credit unions joined NJCUL President/CEO David Frankil and Vice President of Corporate & Governmental Affairs Chris Abeel to advocate on credit unions’ behalf during the League’s annual N.J. Day at Credit Union House Tuesday.

Open to all member credit unions at no charge, the event offered a valuable opportunity to hear from key Washington players on what to expect in the year ahead, and communicate credit union legislative and regulatory concerns and priorities for the 115th Congress.

Pictured from left to right: NJCUL VP of Corporate & Governmental Affairs Chris Abeel; Credit Union of New Jersey Board Chairman Gary Chizmadia; NJCUL President/CEO David Frankil; Congressman Bill Pascrell (D-9); Newark Board of Ed Employees Credit Union Board Director Shirley McClinton Watson; Aspire FCU President/CEO and CFPB Credit Union Advisory Council member Tom O’Shea; Credit Union of New Jersey President/CEO, NJCUL Board Chairman, and N.J. Credit Union Advisory Council member Andy Jaeger; Aspire FCU Board Vice-Chairman Neal Holtzer; CUNA Chief Policy Officer Bill Hempel; and Aspire FCU Board Director Manny Weiss.

The day kicked-off with political, legislative, and regulatory briefings by key CUNA staff followed by an economic update by CUNA Chief Policy Officer Bill Hempel and meetings with N.J. delegation members Congressmen Bill Pascrell (D-9) and Donald Norcross (D-1). Congressman Tom MacArthur (D-3) was scheduled to meet with the group but had to cancel at the last minute due a congressional vote.

A senior member of the House Ways & Means and Budget committees, Rep. Pascrell is a long-time credit union supporter who has been an MBL reform co-sponsor, and pledged publicly to support preservation of the credit union tax status.

 

Pictured from left to right: NJCUL VP of Corporate & Governmental Affairs Chris Abeel; Credit Union of New Jersey Board Chairman Gary Chizmadia; NJCUL President/CEO David Frankil; Credit Union of New Jersey President/CEO, NJCUL Board Chairman, and N.J. Credit Union Advisory Council member Andy Jaeger; Congressman Donald Norcross (D-1); Aspire FCU President/CEO and CFPB Credit Union Advisory Council member Tom O’Shea; Newark Board of Ed Employees Credit Union Board Director Shirley McClinton Watson; Aspire FCU Board Chairman James Ostaszewski; and Aspire FCU Board Vice-Chairman Neal Holtzer.

Completing his first full term in Congress, Rep. Norcross serves on the Budget and Armed Services committees. While serving in the N.J. Senate before his election to Congress, he cast votes in favor of two NJCUL legislative initiatives: measures to allow credit unions to become eligible municipal depositories (GUDPA) and to expand the state’s Credit Union Advisory Council (CUAC) to provide for representation of federally chartered credit unions. 

In addition to Frankil and Abeel, credit union professionals and volunteers participating in this year’s N.J. Day at Credit Union House included NJCUL Board Chair and Credit Union of New Jersey President/CEO Andy Jaeger, Credit Union of New Jersey Board Chair Gary Chizmadia, Aspire FCU President/CEO Tom O’Shea, Aspire Board Chair Jim Ostaszewski, Aspire FCU Board Vice-Chairman Neal Holtzer, Aspire FCU Board Director Manny Weiss, and Newark Board of Education Employees FCU Board Member Shirley McClinton Watson.