While much of the public's attention has been focused on the loud and nasty conflicts in our nation's capital, more than 40 state legislatures have been gaveled into session so far this year — and many are likely to consider legislation affecting credit unions.
"States are moving pretty rapidly," said Shelton Roulhac, senior director of advocacy at CUNA, who added the association monitors state legislative action in conjunction with credit union leagues.
And the credit union-related bills are as varied as legislation to allow government agencies to deposit funds at credit unions to meet data security disclosure requirements.
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