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News Now

CU System
Vermont CUs have their day at the Statehouse
SOUTH BURLINGTON, Vt. (4/9/12)--Credit union leaders gathered Wednesday at the Vermont Statehouse to hear speakers and meet with many of the state's 180 legislators.

Vermont State Speaker of the House Shap Smith speaks at the state's annual CUs in the Statehouse event. (Photo provided by the Association of Vermont Credit Unions)
Participants heard comments from State Senate President John Campbell and Speaker of the House Shap Smith, according to the Association of Vermont Credit Unions (AVCU).  Smith spoke about Hurricane Irene's impact on the state and the state's budgetary pressures.

Perspective on state and federal issues was also provided by Vermont Department of Banking, Insurance, Securities & Health Care Administration (now the Vermont Department of Financial Regulation)  Deputy Commissioner Tom Candon,  AVCU President Joe Bergeron, and the association's lead lobbyist, Adam Necrason.

The presentations and reception were preceded by AVCU's annual display in the Statehouse Card Room.  For more than three hours, a steady stream of legislators stopped by throughout the morning and early afternoon to discuss issues such as Americans With Disabilities Act (ADA) regulations, Internet lenders, state and municipal deposits, and the credit union marketplace.  They talked with AVCU Vice President Bryan Kent, Economy of Me Program Manager Colin Ryan, and AVCU Legal Counsel/Lobbyist Richard Brock.

"This is our most important state-level legislative event," said Bergeron of the annual CUs in the Statehouse day. He noted the support from credit union leaders to join the effort "to add significant impact to daily lobbying efforts. One-on-one connections made in a Statehouse social setting go much further than any laundry list of facts and figures we can produce, he said.

"Throughout all the years we've done this, legislators have become more aware of credit unions, more appreciative of the event itself, and have told us repeatedly how much they look forward to and enjoy it."


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