Credit Union Bill Moves Forward in Washington State

Yesterday the Senate Financial Institutions Committee held a public hearing on Senate Bill 5479 – our proposed update to the state credit union charter. Scott Adkins, president and CEO of Inspirus Credit Union, Hal Scoggins – our outside counsel, and Joe Adamack the VP of WA Legislative Affairs testified in support. We received positive feedback from members of the committee when meeting with them in advance of the hearing and Chair Mullet – who is sponsoring the legislation – appreciated our work to engage other stakeholders.

As a reminder the companion bill was unanimously approved by the House Consumer Protection and Business Committee on Tuesday and we are working to get the Senate committee to weigh in early next week.

Posted in Advocacy on the Move.