ALBANY (7/10/14)--With the support of the Credit Union Association of New York's state-level advocacy efforts, three important pieces of pro-credit union legislation recently passed through both houses of the New York Legislature.
The three bills are now waiting to be sent to Gov. Andrew Cuomo to be signed into law (The Point July 8).
The bills include:
"The [league] remains committed to ensuring that New York's credit unions are represented fairly during the legislative process, and we will continue to work closely with lawmakers and agencies at both the state and federal levels," said Mike Lanotte, league senior vice president/general counsel. "I would again like to thank all of the lawmakers--especially our bill sponsors--who put aside partisan differences to pass legislation that will benefit the state's credit unions and their members."
The league successfully lobbied against other pieces of legislation that would have been harmful to credit unions, including: