League Holds Inaugural Political & Legislative Update Webinar

HIGHTSTOWN, N.J. – On Friday, the NJCUL held the first of what will be regularly scheduled free Webinars to update member credit union professionals and volunteers on the latest political and legislative developments on Capitol Hill and at the State House in Trenton. 

Among the topics discussed was how the November elections are expected to impact credit unions in Washington. Following an electoral upset that caught nearly all observers by surprise, which gave Republicans control the White House and both house of Congress, prospects for regulatory relief during the 115th Congress are the best they’ve been in recent memory.

The state Legislature is in the middle of its two-year session and next year the Executive Mansion and both houses of the Legislature will be up for election. Participants were updated on prospects for the coming campaign season as well as the current status of credit union legislative priorities addressing forecloses, remote automobile shutoff devices, credit card interchange, plastic card data security, and electronic lien and titling (ELT)

The Webinar was broadcast via the League’s new online meeting platform, Zoom, which enables remote participation from any computer, tablet or smartphone.

A recording of the Webinar will be available soon.