Information and Alerts

Member Advocacy

Active support for your credit union

Fight for your financial rights

At Deseret First Credit Union, we invite you to be politically active and participate in our great democracy. While we don’t typically support specific candidates or parties, we always encourage members and employees to let their voices be heard and vote. In addition, we encourage you to become a Member Advocate to support the cause of credit unions! DFCU supports candidates who are supportive of credit unions.



What is a Member Advocate?

As a member-owner of Deseret First, you can assist with credit union advocacy and political involvement. Help protect the rights of credit union cooperatives from those who strive to take away those privileges with regulations. By becoming a Member Advocate, you will be kept informed of issues or legislation affecting Deseret First and credit unions. You may even be encouraged to write a letter or speak out on behalf of credit unions.

There is always a need to educate our elected officials about the important role credit unions play in our communities. Are you ready to become a Deseret First Member Advocate? Click below to sign up!


individual looking into the sunset with their fist in the air

So what does a Member Advocate do?

Communicate
Communicate with elected officials about the importance of credit unions.
Be Active in Member Participation
Stay politically informed about legislation that may impact your credit union.
Advocate for Members Rights
Join other advocates to maintain your rights and privileges as a credit union member.

What makes a DFCU Member Advocate different?

They support DFCU’s mission: to serve the community of the Church of Jesus Christ of Latter-day Saints and employer groups. Deseret First strives to do this through excellent service and unique products. Above all, we care about the way we treat the owners of their credit union. As an account owner, YOU are a member owner. That’s right; you have one share of ownership in Deseret First. Further, we build upon and promote members’ values through our actions. For more information, see DFCU’s Core Values and Guiding Principles in the slideshow.

The Deseret First Difference

Do you think credit unions and banks are the same? If so, we’ve created this infographic for you. It will help give you a clear comparison of credit unions and banks. Further it includes what we do at Deseret First to stand out from the competition.
Credit Unions vs Banks Infographic. Credit Unions: not-for-profit, member owned, fewer fees, better rates, NCUA ($250K); Banks: for-profit, shareholder owned, more fees, worse rates, FDIC ($250K). The Deseret First Difference: Serves the LDS community, established for church employees, shares your lifestyle & values, gives back to the community, understands your financial needs, offers products to help your family, supports missionary efforts. Credit Unions vs Banks Infographic. Credit Unions: not-for-profit, member owned, fewer fees, better rates, NCUA ($250K); Banks: for-profit, shareholder owned, more fees, worse rates, FDIC ($250K). The Deseret First Difference: Serves the LDS community, established for church employees, shares your lifestyle & values, gives back to the community, understands your financial needs, offers products to help your family, supports missionary efforts.

Resources

The Credit Union National Association (CUNA) has created a series of fun, short videos. This series illustrates the need for regulatory relief. Did you know that excessive regulations intended for Wall Street actually cost local credit unions on Main Street $7.2 billion every year? That’s more than $71 per member.
PDF Symbol

Credit Union Legislation Issues

PDF Symbol

Common Sense Regulations

PDF Symbol

Utah’s Credit Unions Advocacy

PDF Symbol

CUNA’s Advocacy Briefing

Know your rights and stand up for them!

Also of Interest: