FOR IMMEDIATE RELEASE
Media Contact
Melissa Vidito
Illinois Credit Union System
773-203-4181
[email protected]

Credit Union Leaders Meet with Congressional Black Caucus

Naperville, IL. June 9, 2022 – On Thursday June 2, 2022 credit union leaders from the Illinois Credit Union League (ICUL), Credit Union National Association (CUNA), CUNA Mutual Group, Inclusiv and representatives from the Faith Based Credit Union Alliance (FBCUA) converged in Chicago to meet with the Congressional Black Caucus (CBC). The meeting provided an update to CBC members about the important role credit unions play in serving underserved and underrepresented areas.

The productive meeting highlighted the importance of financial access for underserved and marginalized communities. “It was a pleasure to meet with leaders from the Congressional Black Caucus (CBC) to discuss the importance of financial access in advancing underserved and marginalized communities,” said Jim Nussle, Credit Union National Association President/CEO. “The CBC has a storied legacy of fighting for communities that are too often left behind or denied a seat at the table. America’s credit unions look forward to working with CBC members to pass H.R. 7003 and address financial inequities to restore power and vibrancy to communities across the country.”

The panel, moderated by ICUL’s Robin Hollis was a huge success. “The power of collaboration in the credit union movement was at work as leaders met with members of the Congressional Black Caucus to share the work that Illinois credit unions do to create financial inclusion in underserved communities,” said Hollis. “Our credit unions tell their stories best and expressed the need to provide continued funding and support for MDI and CDFI CU’s.”

About the Illinois Credit Union League (ICUL)®

The Illinois Credit Union League is the primary trade association for 219 state and federal credit unions in Illinois. It focuses on providing legislative and regulatory advocacy, compliance assistance and information, and a wide range of educational and training services to those credit unions, who in turn serve approximately 3.6 million members. More information can be found at www.icul.com.

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