CUNA drew the largest crowd in the history of its Governmental Affairs Conference (GAC) last week, with more than 4,000 on hand for the event that has now officially outgrown its long-time home.
With no direct threats to CUs in Congress, much of the focus was on the fallout of a November 2005 House Ways & Means Committee hearing that questioned whether credit unions were effectively serving underserved communities and thus, earning that exemption. NCUA Chairman JoAnn Johnson shared with CUs what the agency is doing to assemble data on credit union service, but stressed that there is absolutely no plan for any type of Community Reinvestment Act program for CUs.
Complete coverage from GAC begins on page 15.
