Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Ohio league supports state probate bill
COLUMBUS, Ohio (7/5/11)--The Ohio Credit Union League testified recently before a state House Judiciary and Ethics Committee in support of a bill that would modernize Ohio's probate act and include credit unions as fiduciaries or custodians of funds for probate purposes. Senate Bill 127 sponsor state Sen. Kevin Bacon (R-Columbus) amended his original measure to include credit unions, said the league (eLumination Newsletter June 29). "To put this into perspective, credit unions in Ohio were not eligible to accept probate funds for their members until 2006," testified John Koslowski, league general counsel. He also stressed that the General Assembly must continue modernizing the state's laws for the benefit of people, businesses and communities. The league constantly pursues legislation, regulation and policies that provide credit unions with the authority and tools to offer affordable financial products and services.


RSS print
News Now LiveWire
FHFA today announced it's extending comment deadline for guarantee fees Fannie, Freddie charge lenders to Sept. 8.
16 hours ago
The 2014 @CUwomen Forum was held in Gold Coast, Australia yesterday during @WOCCU 's World CU Conference.
19 hours ago
.@CFPB obtains $92M in debt relief from Colfax Capital Corp. http://t.co/QPZAeCAcy2 See also: http://t.co/Kjf4HHkINW
20 hours ago
Julian Castro was sworn in as 16th secretary of @HUDgov Dept. of Housing and Urban Development Mon.
20 hours ago
.@CUNA's Chief Economist @SchenkMike talks consumer confidence--at highest levels since 2007 w/ @TheStreet @JoeDeaux http://t.co/JyoYQmhAxc
20 hours ago