News & Press: Minnesota Credit Union Network News

Credit union difference on display to 5,000 at last week’s NCSL summit

Tuesday, August 16, 2016  
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CUNA News Now (August 16, 2016) - CUNA and credit union league staff joined more than 5,000 attendees in Chicago last week at the National Conference of State Legislatures (NCSL) Legislative Summit. More than 230 lawmakers representing 39 states stopped by the America’s Credit Unions booth, manned by CUNA and league staff, where credit union fact sheets and high-tech giveaways were handed out. 

Engagement at the NCSL Legislative Summit is a priority for CUNA and the leagues because legislators adopt policies in NCSL’s 8 standing committees. Those adopted policies become the part of NCSL’s efforts to fight unwarranted federal preemption of state laws, unfunded mandates and federal legislation.

The Task Force on State and Local Taxation met to discuss tax policy issues, and as expected, there were no discussions that would directly impact credit unions’ tax status.

The Communications, Financial Services and Interstate Commerce Committee adopted a resolution spearheaded by a bipartisan group of Oregon lawmakers that urged Congress to enact laws that give legal marijuana businesses access to financial services, including credit unions.

The resolution was adopted by the NCSL.

Ashley Niebur, director of state governmental affairs and legislative counsel at the Illinois Credit Union League, was a presenter on financial exploitation of the elderly. 

Leagues represented at the booth included the Illinois Credit Union League, the Ohio Credit Union League, the Kentucky Credit Union League, the Minnesota Credit Union Network, the Georgia Credit Union Affiliates, the Cornerstone Credit Union League, the Tennessee Credit Union League, the Northwest Credit Union Association and the Credit Union Association of New Mexico.

Additionally, as a part of an awareness efforts launched by CUNA, the American Association of Credit Union Leagues, Illinois credit unions and CUNA Mutual Group, state lawmakers saw the America’s Credit Unions logo emblazoned on the shirts of conference volunteers and the conference registration bags.

Next year’s summit will be held in Boston. 

Minnesota Credit Union Network
555 Wabasha Street N, Suite 200
St. Paul, MN 55102

(651) 288-5170
(800) 477-1034