Oregon House Committee on Business and Labor Hears Two NWCUA Priority Bills

Two NWCUA-backed bills were heard by a House committee Monday, Feb. 11; HB 2411 allowing financial institutions to scan driver’s licenses or government IDs, and HB2425, a measure improving the electronic signature process for financial institutions and consumers.

Larry Ellifritz, President and CEO of Portland-based Consolidated Community Credit Union braved heavy winter snows, traveling from Hood River in time to testify in Salem. He told committee members that the time-saving benefits for consumers completing applications online are obvious, and that an electronic process adds another layer of fraud detection for financial institutions.

The legislation received support from committee members, according to Pam Leavitt, your Association’s Policy Advisor for Oregon State Advocacy and Grassroots. In fact, Pam reports, one of the bills, HB2411, has already passed the committee unanimously and now heads for the House floor.

 

Posted in Advocacy on the Move.