Government Relations
Advocates for Credit Unions in DC, Trenton, and Harrisburg
CrossState Credit Union Association advocates for credit unions on legislative issues in Washington, DC; Trenton, NJ; and Harrisburg, PA. It is critical for members of Congress and the New Jersey and Pennsylvania state legislatures to know about the credit union difference.
Our Government Relations team monitor and track legislation that impacts credit unions’ daily operations. We also maintain key contacts to match credit union activists with their state and federal lawmakers.
Legislative Advocacy
CrossState engages its Government Relations Committee, Regulatory Review Committee, and State Credit Union Advisory Committee on issues that may impact credit unions. Our committees serve as a soundboard on emerging issues, priorities, and policy concerns for credit unions.
We also engage credit unions for input on matters that directly and indirectly impact their ability to serve members, grow, and support their communities. We encourage credit unions to join the political process to ensure credit unions remain vital resources for elected officials when it comes to financial services industry matters.
Compliance Advocacy
One way CrossState helps New Jersey and Pennsylvania credit unions reduce regulatory burden is by providing compliance support, resources, and advocacy for positive impact—before, during, and after regulations and law become final.
We offer credit unions the opportunity to have their voices heard as we help you interpret proposed laws, changed laws, and regulations. Our team collects feedback and perspective from credit unions to inform comment letters on behalf of New Jersey and Pennsylvania credit unions. CrossState also provides direct feedback to regulators such as the NCUA, CFPB, and state banking agencies while we work to bring fairness and equity to the oversight, examination, and appeals processes.
CrossState’s compliance advocacy includes promoting and fostering learning opportunities for credit union staff and volunteers through in-person compliance education opportunities, as well as live-streamed and recorded webinars.
Regulatory Advocacy
CrossState provides regulatory advocacy for New Jersey and Pennsylvania credit unions before the National Credit Union Administration (NCUA), Consumer Financial Protection Bureau (CFPB), New Jersey State Banking Commission, Pennsylvania Department of Banking and Securities, and other administrative agencies that adopt rules and regulations impacting credit union operations and products and services they offer.
Our team monitors advance notices of rule making and proposed regulations that are issued by various government agencies, and we develop written comments on behalf of our membership. We also monitor legal opinions issued by the relevant regulators to ensure that credit unions are receiving current guidance and information.
Political Advocacy
CrossState’s political action committee (PAC) supports candidates for both U.S. Congress and U.S. Senate, and contributes to America’s Credit Union PAC. This partnership enables the credit union movement to maximize its voice in the electoral process and helps to ensure an environment in which credit unions can better serve their members and communities.
Grassroots Advocacy
Political involvement throughout the credit union system is essential for the well-being and growth of credit unions. CrossState serves as the principal advocate for credit unions in New Jersey and Pennsylvania with state and federal lawmakers and regulators to protect and enhance the operations of both state and federally chartered credit unions.