Removing Barriers Blog

GCUA Leads Credit Unions to the State Capitol
Posted January 27, 2016 by CUNA Advocacy

Yesterday, Georgia Credit Union Affiliates (GCUA) held its annual state governmental affairs conference in Atlanta. At this year’s conference, credit union staff learned about legislative issues and gained tools to expand their grassroots strength and widen the credit union scope of influence with legislators. While in Atlanta, Georgia credit unions heard from:

  • Attorney General Sam Olens
  • Senate Minority Leader Senator Steve Henson
  • Senate Majority Leader Senator Bill Cowsert
  • Chris Riley, Chief of Staff for Governor Nathan Deal for an insider’s state of the state.
  • Department of Banking and Finance Commissioner Kevin Hagler and Deputy Commissioner Lori Godfrey
  • Bill Nigut, Senior Executive over TV, News and Radio for Georgia Public Broadcasting 

Two priority bills being pursued by GCUA this session are:

  • Credit Union Clarification for Lending/Operation Procedures (GA H 759) – The measure clarifies that credit unions are included in the unauthorized practice of law exemption for financial institution operations. The exemption permits credit unions to lend, initiate HELOCs, discuss issues with members, or address compliance issues without an attorney present.
  • Restoring A Garnishment Procedure for Georgia (GA S 255) - This bill is a legislative fix to address issues that led to a 2015 court ruling that Georgia’s current garnishment statute is unconstitutional.