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
Ohio CU bill passes state Senate unanimously
COLUMBUS, Ohio (3/14/08)--Credit union modernization legislation--Senate Bill 247--was recently passed by the Ohio Senate with a unanimous 32-0 vote. The Senate is expected to refer the bill to the Ohio House Financial Institutions Real Estate and Securities Committee, said the Ohio Credit Union League (eLumination Newsletter March 13). “We expect the credit union legislation to continue making solid progress through the House as it did in the Senate,” said John Kozlowski, league general counsel. The legislation seeks to modernize the administration, operation and governance of Ohio's state-chartered credit unions (News Now Feb. 15). The Ohio Financial and Financial Institutions Committee adopted several amendments to the legislation that would:
* Require credit unions to retain Suspicious Activity Reports for five years; * Provide further clarification of nonpaper document storage requirements; and * Provide authority for the superintendent of the Ohio Division of Financial Institutions to conduct national background checks within limits.
Other Resources

RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
23 hours ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
12 23 ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
12 23 ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
12 23 ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
12 23 ago