Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
MCUA Grassroots efforts on highway CUs caught legislators eye
JEFFERSON CITY, Mo. (5/24/10)--Although Missouri credit unions did not succeed in keeping their highway credit unions’ offices at the Missouri Department of Transportation (MoDOT) facilities, their grassroots efforts on the issue caught state legislators’ attention, said the Missouri Credit Union Association (MCUA). On Jan. 21, MoDOT notified 10 credit unions located in MoDOT district offices statewide that they would be required to completely sever their relationship with MoDOT and move out of the facilities by Sept. 30 (The Missouri difference May 19). MCUA mounted a campaign to “undo” the action including lobbying the state legislature and the Missouri Highway Commission, informing the press and involving the state credit union regulator, the Division of Credit Unions. Although MCUA said it would have preferred a total reversal of MoDOT’s decision, it was able to get the move-out date extended to two years. State Rep. Mike Cunningham (R-District 145), chair of the House Financial Institutions Committee, introduced HCR 70, which would have allowed the credit unions to remain in MoDOT facilities indefinitely. The bill was voted out of the House 157 to 0. The highway department credit unions are to be credited with an outstanding response to the association’s call for grassroots contacts, MCUA said. One legislator, who has not been a credit union supporter in the past, told MCUA, “I have never seen an issue get legs like this so quickly.” And, the grassroots contacts remained strong throughout the session, the association said. Although the bill did not make it onto the Senate’s calendar, awareness of Missouri credit unions in the state Capitol, and the perception that MCUA can mobilize grassroots quickly and efficiently, was generated by the campaign, the association said.


RSS





print
News Now LiveWire
Consumer spending is slumping #Market #Economy http://t.co/RI4HS68IuJ
14 hours ago
April is #NationalFinancialLiteracyMonth & @TheNCUA Chair Matz urges #creditunions to help members learn to manage/protect their finances.
16 hours ago
Fed. FI regulators' statmnts on compromised credentials/destructive malware #cybersecurity http://t.co/f4uTBDm1PU http://t.co/zP5Iw6VxZc
17 hours ago
Home prices rising faster than wages: @RealtyTrac #NewsNow #Market http://t.co/wa74mnw3Cu
19 hours ago
.@Nussle dropped by the @ACUMuseum recently. Read about his visit http://t.co/bYe8RRgYLP
20 hours ago