East Windsor-Based McGraw-Hill Federal Credit Union President/CEO Attends 2015 Governmental Affairs Conference

EAST WINDSOR, N.J. ; MARCH 13, 2015 – East Winsdor, NJ’s McGraw-Hill Federal Credit Union President/CEO Shawn Gilfedder recently joined with other CEOs and credit union leaders in Washington, D.C. for the Credit Union National Association (CUNA) 2015 Governmental Affairs Conference. There, Mr. Gilfedder advocated on behalf of the credit union industry and its members on key legislative priorities, including:

• Preserving the tax exempt status of credit unions and its importance to the structure and mission of the industry.

• Supporting data breach legislation to include strong national data protection and consumer notification standards while allowing credit unions to notify consumers affected by a breach.

• Removing barriers to member service by: bringing parity to eligibility requirements for credit unions and banks to join the Federal Home Loan Bank (FHLB) System; allowing credit unions to access supplemental capital; and eliminating or raising the cap on credit union business lending.

“We’re dedicated to drawing attention to key issues and promoting positive change for credit unions and members. When meeting with lawmakers and regulators, I had the opportunity to engage with them and discuss the critical 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 consumers.”

Mr. 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, financial wellness, and other business growth and management topics.

Follow @ShawnGilfedder on Twitter for financial wellness views and perspectives.

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 24,000 members worldwide and serves more than 170 companies as a valued financial wellness benefit. For more information, visit www.McGrawHillFCU.org.

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PHOTO CAPTION:
Pictured during the Credit Union National Association (CUNA) 2015 Governmental Affairs Conference from left to right are: Michael Sullivan, EVP/CIO, McGraw-Hill FCU, East Windsor, NJ; Tom Ridge, former Secretary of the Department of Homeland Security; and Shawn Gilfedder, President/CEO, McGraw-Hill FCU, East Windsor, NJ. The group discussed data safeguarding and protection, among other issues important to credit unions and consumers, at CUNA’S 2015 Governmental Affairs Conference.