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News Now

CU System
MoDOT CU bill not on hearing schedule
ST. LOUIS (5/10/10)--A bill that would allow 10 highway department credit unions to remain in Missouri Department of Transportation (MoDOT) facilities has not been placed on the state Senate’s hearing schedule, according to the Missouri Credit Union Association. “It wasn’t placed on the hearing schedule, so HCR 70 won’t make it out of committee,” Amy McLard, vice president of public and legislative affairs, told News Now. “There is always the possibility it could be placed onto another bill in the last days of session, but not likely.” The credit unions were told Jan. 21 that they would be required to leave their locations by Sept. 30 and would no longer be able to process payroll and benefits through MoDOT after that date. Credit union employees were on MoDOT’s salary and benefits plan, but credit unions reimbursed the department for the costs. The department has since extended the date credit unions must leave to Dec. 31, 2012. The bill was assigned to a committee, but MCUA was told other bills of more importance took precedence (The Missouri difference May 7). It is sponsored by Rep. Mike Cunningham (R-District 145). Cunningham has no credit unions in his district. “He supported us and got the bill filed because he felt it was the right thing to do,” the association said.


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