Wis. league GAC focuses on CU modernization bill

February 11, 2016


MADISON, Wis. (2/11/16)--The Wisconsin Credit Union League’s Governmental Affairs Conference (GAC) emphasized a push for legislation to modernize the state credit union statute, Chapter 186.

In part, the bill would allow the Office of Credit Unions (OCU) to accept a federal examination for the purpose of satisfying the 18-month exam requirement.


Click image to enlarge. Wisconsin credit union representatives showed their strength by gathering in the Capitol rotunda in Madison during the Wisconsin Credit Union League’s Governmental Affairs Conference. (Wisconsin Credit Union League Photo)

The state Assembly committee passed the bill unanimously Feb. 3 by a vote of 12-0. The full Assembly will vote on the measure today.

During the GAC, attendees heard from the bill’s author, Rep. Dave Craig (R-Vernon); Kim Santos, OCU director; and Pete Kammer of The Kammer Group, LLC, the league’s contract lobbying firm. Each addressed the collaborative effort behind the league-supported legislation and how to secure lawmakers’ support for it. Craig emphasized that just a few phone calls to discuss industry issues can establish an activist as a useful resource for lawmakers and their staff.

Also, Elizabeth Eurgubian, Credit Union National Association (CUNA) deputy chief advocacy officer and senior counsel, highlighted CUNA's 360-degree advocacy approach, which involves regulatory analysis, economic research, legislative and legal input, grassroots action and communications.

During the GAC, state credit union representatives visited with every member of the State Assembly and Senate. Activists thanked policymakers for preserving an independent state regulatory office during the budget process and asked for support of legislation to modernize Chapter 186.