New York CUs Meet In Capital; 1 Rep Signs On To Bill

ALBANY, N.Y.–Credit union advocates from throughout New York met here to take part in the New York Credit Union Association’s 2017 State Governmental Affairs Conference.

The two-day event provided attendees with numerous opportunities to connect with state lawmakers and advocate for pro-credit union legislation.

According to the NYCUA, attendees focused their discussions with lawmakers on four main legislative issues: the inclusion of credit unions in the state Banking Development Districts Program; increasing penalties for robberies committed with a demand note; allowing credit unions to accept municipal deposits; and the creation of a state funds deposit program.

The State GAC kicked off with two simultaneous breakout sessions: a discussion on the state of the taxi medallion industry and a young professionals track.

During a legislative update Monday afternoon, the NYCUA said Senate Majority Leader John Flanagan (R-Huntington) and Assembly Minority Leader Brian Kolb (R-Geneva) addressed the group.

“Both lawmakers thanked the credit union advocates for bringing their message to Albany, and Kolb in particular expressed his strong support for the demand-note robbery legislation,” the NYCUA said.

The first day of State GAC concluded with a legislative reception that allowed attendees to mingle informally with leading state lawmakers.

The meeting also included an economic update led by Edmund J. McMahon, the founder and research director at the Empire Center for Public Policy and a longtime thought-leader among New York’s fiscal conservatives, according to the NYCUA.

Attendees also made legislative visits.

According to the NYCUA, a number of lawmakers expressed support for the credit union issues. Notably, Assemblyman Michael Kearns (D-Buffalo) signed on to the demand-note robbery bill while he was meeting with a group of credit union advocates.

“State GAC is an important event that produces important results,” said NYCUA President and CEO William J. Mellin in a statement. “The fact that a number of lawmakers agreed to support our priorities as a result of our advocacy efforts speaks to the influence the credit union movement has built in Albany over the years. Thank you to all who came out and made sure the credit union voice was heard in our state Capitol.”

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