Credit Union Advocates Share the CU Advantage at the Capitol

On Wednesday, March 20, nearly 100 credit union board members and professionals from across the state spent the day at the Capitol learning about legislative issues and meeting with elected officials to share how credit unions put members and communities first.

The credit union advocates shared legislative priorities with state lawmakers to ensure credit union's ability to serve their members and communities:
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Guarantee Quality Delivery of Personal Financial Education: Support House File 3751/Senate File 4578

• The current language of the law does not guarantee quality in the delivery of the course, nor would it succeed in using financial literacy education to help Minnesotans live their best financial lives.

Credit Unions Are Invested in the Communities:

• The cooperative, not-for-profit structure allows credit unions to focus on serving their members and communities instead of chasing profits.

Concerns with Debt Fairness Act – H.F. 4100/S.F. 4065

• Credit unions are appreciative for the bill authors and stakeholders willingness to address credit union concerns, however there are still problematic provisions. The Minnesota Credit Union Network will continue discussions on behalf of Minnesota Credit Unions.

"It was invigorating to see a hundred people that are willing to give their time in order to advocate on behalf of our industry and members, said Ryan Smith," MnCUN Chief Advocacy Officer. "I’ve already heard from a few legislators on their meetings and how impactful it is to meet with constituents when they are contemplating bills, particularly during deadline week. On behalf of everyone at MnCUN, thank you so much for representing credit unions in Minnesota so well," Smith added.
 
Last Friday was the committee deadline for policy bills to be passed to the floor of the Minnesota House and Senate to keep moving forward this session. Login to the member portal for an update on MnCUN Legislative Priorities.

View the Impact 24: Day at the Capitol Photo Album.