Legislation improving the credit union charter in Washington has taken another step towards passage. SB 5302 is now headed for a vote in the House.
Washington credit union advocates are being asked to contact their state representatives and urge them to vote in favor of HB 1582, an NWCUA-sponsored bill that would make certain improvements to the Washington Credit Union Act.
With a Senate vote on the credit union member business lending bill still not scheduled, credit unions are finding ways to sustain their advocacy efforts over the long haul.
U.S. Senate majority leader Harry Reid to Congress: “Democrats and Republicans are going to have to make a decision on where they stand for American credit unions.”
The Federal Housing Administration (FHA) announced this week that the insurance limit in the highest-cost areas of the country will be reduced starting on Oct. 1. Loan limits in most other parts of the nation will remain unchanged.
The Northwest Credit Union Association’s Prize Linked Saving bill on Wednesday passed a Senate floor vote 46-2. The legislation will now move to the House State Government & Tribal Affairs Committee, a body that has already heard and passed a companion measure to the legislation