More than 100 credit union professionals and board members gathered at the State Capitol last week to share with legislators that credit unions play an important role in the financial well-being of all Minnesotans.
The Minnesota Credit Union Network’s (MnCUN) annual state legislative advocacy event, IMPACT 23: CU Day at the Capitol, was held in-person for the first time since 2020.
“It was great to be back together at the Capitol and MnCUN thanks credit union advocates for taking the time to share credit union priorities with lawmakers,” said Mara Humphrey, MnCUN Chief advocacy and engagement officer.
Attendees heard from legislative leaders, including:
Two credit unions, Hiway and Royal, brought student employees who run branches at their respective high schools to discuss proposed legislation to require personal finance courses to graduate high school.
Dan Johnson, CEO-designee of the proposed credit union in North Minneapolis, Arise Community, testified in support of a bill. H.F. 290, that would cap interest rates on short-term, high-interest loans, often referred to as payday loans.