#1135: How to Ensure Credit Unions Remain the Only Rent-Free On-Base Lenders for Military-Based Memberships...

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California/Nevada Credit Union Leagues’ Vice President Federal Government Affairs Jeremy Empol visited us to share the latest news on ensuring military base credit unions remain the only rent-free on-base lenders for armed forces personnel and their families — not banks. Jeremy also noted that a bi-partisan effort has been launched in Washington, D.C., by two California Representatives (one Democrat and the other Republican) to support this issue for credit unions.

Here's what we asked him:

• Can you tell us more about this issue — and how it can affect credit unions nationwide?
• Why is this such a big issue for credit unions right now?
• Working with the California/Nevada Leagues, California Representatives Jackie Speier (D-San Mateo) and Paul Cook (R-Barstow) have launched a bi-partisan effort to ensure that credit unions remain the only rent-free on-base lenders. How did they get involved and why is it important that they are?
• What’s the task at hand for credit unions? (Hike the Hill in Washington, D.C., Sept. 24-26)
• When will this issue be decided?

Check it out and let us know your thoughts.
(NOTE: Our apologies on the video technical difficulties for this interview, but the audio came in loud and clear.)