Mar18

Help Build a Credit Union Chapter for the Tri-Cities Area! 

Join your peers as we explore the opportunity to create a Credit Union Chapter in the Tri-Cities area!
Mar25

Commercial Services Council; Session One

This session provides an opportunity to engage with a community of commercial lending, and business service leaders focused on treasury and cash management services, member business lending programs, and strategies for deepening relationships with small business and commercial clients.
Mar26

HR & Trainers Council; Session One

The Council’s open format serves to encourage and recharge staff dealing with similar challenges and developments within the Credit Union Movement. Human resources and training professionals gather to learn, teach, pass on tips, and provide resources, information, networking, and professional development opportunities to best prepare for what’s on the horizon.
Mar27

Marketers Council; Session One

The Council — open to marketing, communications, media relations, public relations, business development, and community outreach professionals — is interactive and belongs to the members. Beneficial presentations are offered, along with the opportunity for credit union professionals to share in roundtable discussions. Councils provide an outlet that furthers the success of credit unions.
Home » Advocacy On The Move »

Calling all Advocates: STOP Misguided Legislation in Washington State!

Posted by on February 13, 2025

Picture of call to action sign

HB 1506–taxing credit unions– will receive a public hearing in the House Finance Committee on Tuesday, Feb. 18. Even though this has been framed as a courtesy hearing to the sponsor, we will always treat scenarios like this as a threat to Washington credit unions and your members.

We will share more about the hearing plan shortly, but in the meantime, we are asking each of you to register your opposition in the legislative system and share this incredibly broadly with your internal teams and with any community partners that would be impacted.

Reminder: While the bill only applies when a credit union purchases bank assets, it is poorly written and could be construed much more broadly. Even if you will never purchase bank assets or have a federal charter and this will not apply to you, this bill is a proxy for the sponsor’s broader interest in taxing all credit unions, so we ask that all credit unions voice their collective opposition.

Instructions on how to sign in “CON” on the bill are below and linked here.

Again, please share broadly and immediately as we only have until the end of the day Monday to accumulate as many individuals as possible signing in to oppose the bill.

Call to Action:

This bill is scheduled for a committee hearing on Tuesday, February 18. We ask that you follow the steps below to voice your opposition to the bill. The committee needs to hear from you. Please complete the steps outlined below to register your strong opposition to this bill.

Visit the Washington State Legislature Committee Sign-In Page: https://app.leg.wa.gov/csi/House?selectedCommittee=31643&selectedMeeting=32813

Once there ensure HB 1506 is selected and then press “I would like my position noted for the legislative record.” (See highlights below).

 

 

 

 

 

 

Once to the next page select “CON” under the position dropdown.

Then complete the form with your information. Your credit union name should go under “organization.”

Then fill out the rest of the form with your information and once done check the box marked “I’m not a robot” and then select “submit registration.”

Thank you for your engagement in credit union advocacy!

 

 

 

Posted in Advocacy on the Move, Washington Advocacy.