Sign-Up Today to Hike-the-Hill Next Tuesday, Stars Aligning for MBL Reform

Tuesday, October 18, 2011 11:54:00 AM

HIGHTSTOWN, N.J - The New Jersey Credit Union League last week launched a multi-faceted grassroots campaign to build support for MBL reform among New Jersey's congressional delegation. The campaign includes yesterday's breakfast forum with Congressman Jon Runyan, radio spots, Web ads, an MBL reform Web page with an issue toolkit and "take action" capability, a postcard blitz, as well as more traditional grassroots activities, including email and letter-writing, and a Hike-the-Hill next week.

Job creation has taken center stage in Washington. The potential benefits increasing the MBL cap could provide for an ailing economy is getting increased attention on Capitol Hill and was the subject of a House Subcommittee on Financial Institutions & Consumer Credit hearing last week.

The momentum is with us and building, according to NJCUL President/CEO Paul Gentile. "It's critical we seize this opportunity," he said. "There hasn't been such a favorable alignment of the stars since the cap was put into place in 1998. We may not have a chance like this for years to come," he continued.

"We need to show up in force next week," he concluded.

Credit union professionals and volunteers interested in participating in next Tuesday's Hike-the-Hill should email the League's Director of Government Affairs Chris Abeel at cabeel@njcul.org. The League will provide transportation from its Hightstown headquarters.

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