The Wisconsin League pushes for legislation

MADISON, WI (February 10, 2016) — The Wisconsin League kicked off at its recent state GAC a statewide push for legislation (AB 807/SB 690) to modernize the state credit union statute, Chapter 186.

In part, the bill would allow the state regulatory office (OCU) to accept a federal examination for the purpose of satisfying the 18-month exam requirement. (Link below has more detail)

Here’s the latest:

  • The Assembly committee hearing was held Jan. 27.
  • The state Assembly committee passed the bill unanimously on Feb. 3 by a vote of 12-0.
  • The state Senate committee hearing was held Feb. 8.
  • The full state Assembly votes on the bill tomorrow, Feb. 11.

Here are details about the state GAC conference where this effort was kicked off by Activists, and…

The legislation

More photos – including of the legislative office visits – are available by contacting me. Or, visit our Facebook page:

For details contact Director of Government Affairs Sarah Wainscott – (608) 514-0086. She is in today, out the rest of the week.

About Wisconsin Credit Union League

Founded in 1934, The Wisconsin Credit Union League is the dues-supported trade association for Wisconsin's credit unions-not-for-profit financial institutions cooperatively owned by their more than 3.4 million members. The League is dedicated to serving Wisconsin's credit unions and promoting the credit union difference through advocacy, education, and public service.


Sammy Dennis

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