Make Your CU’s Voice Heard Immediately on Interchange Bill

It’s all hands on deck! We are calling on all credit union members and employees to send an immediate message to their members of Congress. Please urge your members and employees to do so immediately, as credit union leaders from California and Nevada meet with lawmakers tomorrow during “Hike The Hill” in Washington, D.C.

The Credit Card Competition Act (CCCA) — H.R. 3881 and S. 1838 — has been reintroduced in the House of Representatives. This ill-advised credit card interchange legislation is gambling with consumer security to help save retailers big bucks. What’s worse: it may be considered on the Senate floor.

The House and Senate are hurdling toward a government spending deadline on September 30. Senator Dick Durbin is threatening to hold the spending bill hostage until he gets a vote on the CCCA, which he introduced as an amendment to an appropriations bill that funds the U.S. Department of Veterans Affairs.

Through our CCCA Action Center (which only takes a minute to send), we encourage your members and employees to:

• Urge their legislators in the Senate to place a “hold” on the amendment that mirrors the CCCA. Placing a “hold” on an amendment is a way for senators to express that they do not want to take a vote on a measure.
• Tell their legislators in the House that credit unions and their members will oppose any similar amendments in the House of Representatives.

Please ask your credit union’s members and employees to make their voices heard TODAY.

If you have already done so — thank you! We couldn’t fight this battle without you.