Credit unions face unprecedented challenges each year.
We map a fast-moving year for credit unions with Defense Credit Union Council’s President and CEO, Anthony Hernandez. From defending the tax exemption to tackling credit card legislation, launching “CU Unplugged”, and deepening partnerships that deliver real education and value, the focus stays on veterans, member outcomes, and moving faster than the narrative.
Early mobilization to protect the tax exemption, address risks of a 10% credit card rate cap and routing mandates, and pursue regulatory relief in coalition with community banks.
Continued efforts on liquidity support, CDFI engagement, and extending longer loan terms.
Strategic partnership with ALM First to scale education, expansion of webinars, and exploration of a potential DCUC rebrand.
The launch of the “CU Unplugged Unconference” in San Francisco for the activation of DCUC Regional sub councils.
Election-year onboarding of new lawmakers using localized credit union stories to build relationships.