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News Now

CU System
Kansas CUs meet with lawmakers recognized as co-ops
TOPEKA, Kan. (2/15/12)--The Kansas Credit Union Association's (KCUA) Annual Day at the Capitol attracted 140 credit union representatives from across Kansas to the Statehouse on Feb. 7 to discuss key issues affecting the state's 100 credit unions and the 625,000 members they serve.

Kansas Credit Union Association President/CEO Marla Marsh with Kansas Treasurer Ron Estes during KCUA's Annual Day at the Capitol Feb. 7. Kansas credit unions partner with Estes' office to bring financial literacy programs like Money$mart camps to schools.
Legislators in both the Kansas Senate and House of Representatives recognized 2012 as the International Year of Cooperatives during their sessions, and Kansas credit unions were acknowledged for their role in the cooperative industry.

State Sen. Marci Francisco (D) said she was glad to see credit union representation in the audience during the cooperative recognition program.

"I want to thank all the members of credit unions, and all the other cooperatives that are doing business in every county in our state as financial associations, rural electricity and telecommunication providers, natural foods grocery stores, housing co-ops, and grain and supply distributors," Francisco said. "Their members are not only helping themselves and their families, but also helping make our communities great places to live."

Attendees discussed the state of the financial services industry in Kansas and told legislators they were concerned with steep compliance costs associated with growing regulatory issues. Credit union representatives also reminded policymakers that credit unions are a valuable option for consumers and that they remain strong and well-capitalized.

Lee Williams, right, CEO of Central Star CU, Wichita, Kan., talks with State Sen. Dick Kelsey and wife Doris Kelsey at the Kansas Credit Union Association's Annual Day at the Capitol. (Photos provided by the Kansas Credit Union Association)
"Kanas credit unions continue to lend to and serve the state's 625,000 credit union members, and are faring better than credit unions nationwide," said Marla Marsh, KCUA president/CEO.

"We appreciate legislators recognizing the services that we provide to Kansas communities," Marsh said.

In addition to meeting with state legislators, credit union staff heard from Senate President Stephen Morris (R), Senate Minority Leader Anthony Hensley (D), House Majority Leader Arlen Siegfreid (R), and House Minority Leader Paul Davis (D) during an afternoon leadership panel.

After visits with legislators at the Capitol, the participating credit unions met in asset-size roundtables to discuss issues specifically related to their asset category.

During the event, KCUA's Young Professional Council also met with lawmakers. Watch for a story about that later this week in  News Now.


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