May28

Q2 Small Credit Union Roundtable

Held quarterly—with additional sessions as needed—these open discussions cover topics like growth strategies, succession planning, operational hurdles, and more.
Jun3

YP Summit

This conference is an excellent opportunity to learn how to become a stronger leader in the Credit Union Movement, hear from expert speakers, grow your network, develop skills in workshops, and more.
Jun3

Collectors Council; Session Two

This session provides an opportunity to share challenges and successes with collection and recovery peers, ask questions and learn from each other, as well as gain insights from outside legal and industry experts.
Jun5

Risk Management Council; Session Two

By connecting peers in these areas, this council fosters communication and support that helps the industry identify and reduce the many areas of risk that credit unions face daily.
Home » Advocacy On The Move »

Idaho Credit Union Legislation Heads to Governor Little’s Desk for Signature

Posted by on March 17, 2025

Exciting news for Idaho credit unions! Last week, the Idaho House of Representatives unanimously passed Senate Bill 1103 (S1103), which removes a long-standing cap on the amount of money Idaho credit unions can accept in state deposits. This significant piece of legislation was drafted and run by GoWest along with help from Idaho Treasurer Julie Ellsworth.

Additionally, the Senate unanimously passed House Bill 181 (HB181) on Thursday. HB181 updates a small section of the Idaho Credit Union Act, requiring Idaho credit unions to register with the Secretary of State’s Office and submit their original and amended articles of incorporation after approval by the Idaho Department of Finance (IDOF). For those who need to go through this process due to the new legislation, we are collaborating with IDOF to streamline it, as you will be required to attach a confirmation letter from IDOF.

Finally, this morning, House Bill 323 (HB323), known as the Report and Hold legislation, passed the Senate floor and is now headed to Governor Little’s desk for signature. This legislation, brought forward by AARP and collaboratively drafted and presented with GoWest, provides Idaho credit unions with another valuable tool to protect their members from increasing fraud and abuse.

A huge thank you to everyone who helped GoWest get these important pieces of legislation across the finish line!

Posted in Advocacy on the Move, Idaho Advocacy.