A Stronger Financial Michigan
Credit union ‘war chest’
A Stronger Financial Michigan (ASFM), formerly known as CURE, is a credit union industry support and defense fund set up to promote the credit union difference and to create a “war chest” to defend against anti-credit union political efforts and promote credit union-friendly issues. Credit union contributions of corporate funds are placed in a segregated fund devoted to issue advocacy and expenditures to promote and defend the credit union position on key issues.
Political education is crucial
- Protects the tax exemption
- Educates consumers and policymakers on the benefits of credit unions as a banking alternative
- Ensures that consumers and policymakers understand the business model and mission
- Promotes and defends the credit union position on critical issues
All credit unions are asked to contribute
This is a key opportunity for credit unions to take a stand to protect the industry and the 4.5 million consumers who depend on credit unions for their banking needs.
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A Stronger Financial Michigan is also supported annually by CU Solutions Group with a substantial contribution that is dedicated to issue advocacy and scholarships. Nationally, the banking industry has stepped-up anti-credit union political efforts and has begun attacking credit union-friendly policymakers and candidates. Now more than ever, the industry must ensure that consumers and policymakers alike remain educated on and supportive of the credit union difference. Support of A Stronger Financial Michigan is a critical step in that process.
For more information contact Melissa.Osborn@mcul.org or call 800.262.6285, ext 578. Please contribute today!