|
Dakota Credit Union Association Supports Senate Digital Asset Legislation
The Dakota Credit Union Association (DakCU) joined America’s Credit Unions and credit union associations across the country in signing a letter to Senate leaders supporting key provisions of the Digital Asset Market Clarity Act of 2025 (CLARITY Act). The groups praised the Senate Banking Committee for ensuring credit unions have a clear path to participate in digital asset services and for affirming the National Credit Union Administration’s (NCUA) authority to oversee those activities. The letter also highlighted the importance of maintaining safeguards around stablecoins, noting concerns that allowing issuers to pay interest or yield could disrupt traditional deposit funding that supports lending and economic growth. DAKCU and the credit union coalition commended bipartisan efforts to balance innovation with consumer protection and regulatory clarity, helping ensure credit unions can compete and serve members in an evolving financial marketplace. Registration Closes Soon: PAR for the PAC Golf Event Registration is still open for the PAR for the PAC golf outing! Join us at Meadowbrook Golf Club in Rapid City for a great day of golf and advocacy. The cost to participate is $200 per golfer, with 100% of proceeds going directly to the PAC. Every dollar raised will stay right here in South Dakota to support candidates who champion the credit union movement. We also have sponsorship opportunities available. If you are interested in sponsoring, or know someone who may be, please reach out to me. Don’t miss this opportunity to support advocacy efforts while enjoying a great day on the course! Registration closes July 24, 2026, so save your spot today! Contributions to the PAC are voluntary and are not tax-deductible for federal income tax purposes. Contributions will be used for political purposes. You have the right to refuse to contribute without any reprisal. Fall Hike the Hill (Congressional Caucus) Now Open Registration is live for this year’s Fall Hike the Hill, held in conjunction with the America’s Credit Unions Congressional Caucus, September 13-16, 2026. This is one of the most impactful advocacy opportunities of the year, providing a chance to engage directly with federal lawmakers on the issues that matter most to credit unions and our members. Scholarship assistance may be available through DakCU’s Roger Heacock HTH Scholarship Program. Assistance varies each year and is based on the number of qualified applicants and funds available. Members interested in applying for financial assistance should complete the Roger Heacock Scholarship Application and return to me. We also have a room block reserved at the Hampton Inn & Suites Washington DC Navy Yard. You must book your room(s) before August 15, 2026. Please let us know if you’re planning to attend so we can keep track and ensure you receive updates. Additional event details can be found here. Vote in the July 28th Governor Runoff South Dakota voters, don’t miss your opportunity to make your voice heard in the upcoming gubernatorial runoff election on July 28. Stay Connected For more information or to share your perspectives, feel free to contact me. Comments are closed.
|
The MemoThe Memo is DakCU's newsletter that keeps Want the Memo delivered straight to your inbox?
Archives
August 2026
Categories
All
|