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CEO Co-Lab

GoWest's CEO Co-Lab is quickly becoming a "can't-miss" event among the region's most forward-thinking and innovative CEOs – you won't want to miss it.
Jan16

Wyoming CU Day at the Capitol

Our collective advocacy priority will be to showcase the impact Wyoming credit unions are making across the state, while increasing our connection and relationship with our elected leaders at the Wyoming Capitol.
Jan22

Idaho CU Day at the Capitol

Our collective advocacy priority will be to showcase the impact Idaho credit unions are making across the state, while increasing our connection and relationship with our elected leaders at the Idaho Capitol.
Jan28

Arizona CU Day at the Capitol

Our collective advocacy priority will be to showcase the impact Arizona credit unions are making across the state, while increasing our connection and relationship with our elected leaders at the Arizona Capitol.

Brittanie Bonanzino

AVP, Communications

Washington

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Alyse Knudsen

Manager, Communications

Oregon

Home » Advocacy On The Move »

Idaho Legislature Passes Additional Legislation Updating Credit Union Act

Posted by on March 18, 2020

Idaho Department of Finance logo

Collaboration in the Idaho Credit Union Movement has resulted in passage of three key bills this session. In addition to passing the NWCUA-backed bill updating the Act in the areas of investment and lending, and legislation requiring towing agencies to notify lienholders when vehicles are towed, a Department of Finance Act Update bill passed.

This legislation provides key regulatory flexibility for credit unions. It gives the DOF discretion to extend exam cycles longer than 18 months, ensures that examination reports are confidential, and allows credit unions to provide Idahoans with tax advantage savings accounts.

Both bills modernizing the  Idaho ACT, establish parities for state-chartered credit unions, similar to those granted by the Federal Charter to federally-chartered credit unions.

 

Posted in Advocacy on the Move.