Enbright Credit Union had the honor of hosting Congressman John Rose of the 6th district of Tennessee for a productive and enlightening discussion on matters crucial to our local community. The visit took place on Tuesday, Aug. 8, at Enbright’s Donelson Financial Center.
During the visit, Congressman Rose, who serves on the House Financial Services Committee, engaged in a casual dialogue with Enbright Credit Union’s President and CEO, Ron Smith. It focused on a range of topics that directly impact our members and our community, such as the growing number of big-box store data breaches and the real cost of the increase in data breaches. The congressman’s visit underscores his dedication to understanding and addressing the concerns of his constituents and our members.
Congressman Rose asked thoughtful questions relating to the increase in publicized data breaches from big-box stores, “When criminals get our data from a breach, who is responsible for making it right?”
Ron Smith advocated for credit unions’ responsible use of interchange fees, “If you experience fraud on your Enbright credit card, it’s our responsibility to make you whole again. If your data was exposed in a data breach, Enbright will pay to reissue the card. We use interchange fees to cover the losses.”
Congressman Rose expressed gratitude for the opportunity to engage in discussions that could potentially shape future policies and regulations in the financial sector.
About Enbright Credit Union
Enbright Credit Union is a community-chartered credit union serving members that live, work or go to school in Davidson, Rutherford, Cheatham, Robertson and Sumner Counties. At Enbright, we care about our members, and you will feel the difference. We pay attention to your goals and dreams you have for your life and work with you to provide the financial services you need to meet your goals. One Team. One Goal: Financial Freedom for all.