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CU System
N.Y. CUs Build State Legislative Support
Click to view larger image New York State Assemblywoman Janet Duprey (R-115), right, visited with credit union advocates at the Credit Union Association of New York's State Governmental Affairs Conference April 16-17 in Albany.
ALBANY, N.Y. (4/23/13)--The Credit Union Association of New York's State Governmental Affairs Conference (GAC) held in Albany April 16-17 placed an emphasis on legislative advocacy, CUANY said.

As a result of credit union advocacy during the GAC, two lawmakers have introduced bills that would provide credit unions with access to municipal deposits. State Sen. Joseph Robach (R-Rochester) introduced S. 4672, which would allow New York credit unions to accept and secure deposits from municipal corporations. State Assemblywoman Inez Baron (D-Metropolitan) introduced A. 6740, a bill that would permit state-chartered credit unions and thrifts to accept state and local government deposits.

Click to view larger image Credit union advocates met with New York State Sen. Hugh Farley (R-Schenectady), center, at the Credit Union Association of New York's State Governmental Affairs Conference last week. (Photos provided by the Credit Union Association of New York)
"I am always truly inspired by the articulate, compelling voice our advocates bring to credit union issues, and when that voice is brought directly to our representatives, we can make a real difference," said William Mellin, CUANY president/CEO. "Credit union leaders shared great stories about the difference they're making in their communities, as well as the challenges they and their members are facing."

More than 100 credit union leaders statewide gathered for the conference and two days of meetings with state legislators. They made nearly 100 office visits to state representatives. At those meetings, credit union advocates rallied support for legislation that will make New York's credit unions even stronger and benefit New York consumers and communities statewide, CUANY said.

Credit union leaders met with key officials, such as Senate Democratic Conference Leader Andrea Stewart-Cousins (Westchester-Rockland) and Assembly Minority Leader Brian Kolb (R-Rochester/Central), along with legislators from districts statewide.

The group advocated for legislation addressing municipal deposits, increased robbery penalties, ATM disclosure reform and state-charter enhancements. Several legislators committed to supporting the bills as co-sponsors, CUANY said.

During their visits, credit union representatives shared the 2012 MORE report, which includes more than 1,500 examples of New York credit union outreach.


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