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News Now

CU System
Ohio league makes progress on public deposits
COLUMBUS, Ohio (2/7/14)--The Ohio Credit Union League reports that it continues making inroads with lawmakers on legislation that would permit credit unions to accept public deposits.
 
League General Counsel John Kozlowski and Director of Legislative Affairs Patrick Harris recently met with House Republican caucus staff to discuss The Community Access and Local Government Choice Act, the legislation that would provide credit unions with the authority to accept public deposits. During the meeting, Kozlowski and Harris asked that Ohio House Speaker Bill Batchelder (R-Medina) follow up on his support of bringing banks to the negotiating table to clear a path for public deposits legislation ( eLumination Feb. 5).
 
Also, with momentum building in the House, Harris and Kozlowski met with Senate Minority Leader Joe Schiavoni (D-Boardman) to discuss how the bill would fare in the Senate. Schiavoni suggested credit unions contact him should a vote in the House become imminent.
 
The Community Access and Local Government Choice Act is scheduled for proponent testimony Tuesday in the Ohio House State and Local Government Committee. Testifying in support of the legislation will be Ray Degraw, mayor of the city of Grandview Heights; Jim Link, former treasurer of Allen County and current clerk of courts; and Terry Scott, auditor for the city of Mount Vernon.

Harris will provide testimony on behalf of the league. Credit union staff and volunteers are encouraged to attend to show movement-wide support of the issue.

"We need to make sure we fill the room with credit union leaders so committee members understand how important this issue is to our movement," said Harris. "Banks will certainly be present in opposition."


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