A Big Win for Your Credit Union and You!
S.2155 Passes and Becomes Law.
We couldn’t have done it without members like you.
To each of our valued members:
Members of Chattanooga First Federal Credit Union and other credit unions and credit union members throughout the country earned a major victory with the passage of S.2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act. S. 2155 passed in the Senate and House. Votes in both chambers received bipartisan support. The bill went to the President’s desk last week and was signed into law!
Pushing bipartisan regulatory relief legislation through both chambers is no small feat and it would not have been possible without credit union members like you contacting your US Representatives and Senators.
Over the past few months, more than 70,000 messages were sent to Capitol Hill telling Congress to enact common-sense regulation. That outpouring of support from credit union members like you allowed our movement to achieve this victory! Thank you for taking the time to participate!
This bipartisan victory means that seniors will be better protected from financial elder abuse, mortgage processing will be easier and quicker for consumers like you, there will be more affordable rental housing in communities across the country, and credit unions will be able to provide even better service to their 110 million members.
Thank you again for participating in this crucial grassroots campaign. Because of the advocacy of thousands of members like you, the regulatory burden on credit unions and community banks will soon be reduced and even better financial services will be available to millions of middle class Americans.
Chattanooga First Federal Credit Union