The credit union sector got some face time with President Donald Trump on Monday.

Credit Union National Association CEO Jim Nussle and several other industry leaders briefly left the group's governmental affairs conference to address regulatory relief with Trump, according to a story on the CUNA website.

"The meeting was all about reducing regulatory burden on all of us," said Mary Ott Wood, president and CEO of Florida West Coast Credit Union in Brandon, Fla.

Lisa Ginter, president and CEO of Community America Credit Union in Lenexa, Kan., differentiated credit unions from banks.

"We shared our dissatisfaction with the regulatory burden in place," she said. "We said we're not part of Wall Street, we're part of Main Street."

Specific issues the industry wants to be addressed include easing the qualified mortgage rule. CUNA also supports the new leadership at the Consumer Financial Protection Bureau installed by Trump in a move decried by advocates of a more independent agency.

Incoming CUNA board Chairman Maurice Smith said credit unions should not be treated the same as other financial institutions.

"One of the points we tried to make in the meeting is a point CUNA has been echoing for some time—that one-size-fits-all regulations for all institutions doesn't work," said Smith, CEO of Local Government Federal Credit Union in Raleigh, N.C.

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