In a major victory for credit unions, the House of Representatives passed S.2155, known as the Economic Growth, Regulatory Relief and Consumer Protection Act. The legislation, which was approved by the Senate earlier this year, will now make its way to President Donald Trump’s desk to be signed into law.
In a letter to NCUA, New York Credit Union Association President/CEO William J. Mellin provided input on the agency’s Advanced Notice of Proposed Rulemaking requesting suggested bylaw changes. His comments were a reflection of feedback received from New York credit union leaders in a survey conducted by the Association.
Registration is open for the New York Credit Union Association’s Basic Accounting Workshops, which will be held July 24 and 25 in Buffalo and Syracuse, respectively. The one-day sessions are designed to explain financial reporting in easy-to-understand terms for credit union staff.