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Local Voices

McGraw-Hill FCU CEO Meets With Government Leaders in Washington at 2014 Governmental Affairs Conference

March 6, 2014; EAST WINDSOR, N.J. – McGraw-Hill Federal Credit Union President and CEO Shawn Gilfedder recently joined with other CEOs and Credit Union leaders in Washington, D.C. for the Credit Union National Association (CUNA) 2014 Governmental Affairs Conference.  Advocating on behalf of credit union members and the industry on key issues, Mr. Gilfedder met with a number of governmental leaders and lawmakers from New Jersey and other states.  Mr. Gilfedder presented credit union legislative priorities including the importance of protecting the tax exempt status of credit unions and preventing future risk of consumer data security breaches at retailers.  Mr. Gilfedder, with other Housing Reform Taskforce Members, met with and addressed issues with Alison O’Donnell, Staff Director to Senator Jon Tester and the Senate Banking Committee.  The group discussed the elements of the Warner Corker Bill on reform of Fannie Mae and Freddie Mac.

“At McGraw-Hill Federal Credit Union, we are dedicated to drawing attention to key issues and at the same time promoting positive change for credit unions and members.  When meeting with lawmakers and regulators, I had the opportunity to put issues in focus for them and educate them about the important role credit unions play in our national economy,” explained Mr. Gilfedder.  “Being involved with CUNA and advocating for credit unions allows me to highlight the many benefits credit unions offer as well as reinforce the importance of financial wellness and literacy for all consumers, as well as credit union members.”

“Looking out for the best interest of credit union members and the industry’s future, we support CUNA’s ‘Don’t Tax My Credit Union’ campaign.  This effort has generated a record number of more than 1.3 million contacts with lawmakers.  We have also aligned with CUNA in urging retailers to reimburse credit unions and members for the costs incurred from issues related to data security breaches.  We support legislation and regulations which require more merchant accountability and protection for credit union members,” added Gilfedder.

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Shawn Gilfedder is a credit union industry leader and advocate who is active with CUNA, state credit union organizations, and business organizations which promote and protect the benefits of credit union membership.  He is a respected and sought after national leader and expert speaker on credit unions, HR, financial wellness, and other business growth and management topics.  

Follow @ShawnGilfedder on Twitter for Financial Wellness views and perspectives. 

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McGraw-Hill Federal Credit Union, a member-owned cooperative, is a leading and

progressive financial institution committed to members and the community at large through financial technology, financial education and literacy, and a consultative approach to banking. The credit union offers a full range of banking, investing and insurance services to more than 20,084 members worldwide and serves more than 120 companies as a valued financial wellness benefit. For more information, visit www.McGrawHillFCU.org or view videos about McGraw-Hill FCU at www.youtube.com/McGrawHillFCU.

 

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