by Emily Leite | Aug 5, 2020 | Advocacy, Advocacy News, eLumination, eLumination 2020.08.06, Legislative
Just because it’s difficult to personally meet with congressional leaders doesn’t mean fierce credit union advocacy can take a break. With several recent League-coordinated virtual engagements, Ohio credit union leaders kept U.S. Senator Sherrod Brown (D-OH),...
by Chris Noble | Aug 5, 2020 | Advocacy, eLumination, eLumination 2020.08.06, Ohio CU News, Regulatory
When corporate credit unions can operate effectively and efficiently, it builds greater confidence in the safety and soundness of the entire credit union system. That’s why the League argued for reasonable regulatory flexibility in response to a proposed National...
by Cory Fleming | Aug 5, 2020 | Advocacy, Advocacy News, eLumination, eLumination 2020.08.06, Events, Legislative
Like your credit union, the League has adapted its 2020 plans to move forward despite COVID-19 disruptions. That’s why we are excited to take Hike the Hill virtual on September 23. Join your colleagues and the League from the comfort of your office or home to advocate...
by Cory Fleming | Jul 22, 2020 | Advocacy, Advocacy News, eLumination, eLumination 2020.07.23, Events, Legislative
It’s important for public policy leaders to hear from you first-hand about how their decisions impact the communities you serve, so the League works to make that direct connection between member credit unions and build momentum for the Movement. This year we’re...
by Chris Noble | Jul 22, 2020 | Advocacy, eLumination, eLumination 2020.07.23, Ohio CU News, Regulatory
The ability to access additional capital is more important than ever as low-income designated credit unions (LICUs), complex credit unions, and new credit unions are at risk of being undercapitalized due to the stress put on the economy. The League recently submitted...
by Cory Fleming | Jul 22, 2020 | Advocacy, eLumination, eLumination 2020.07.23, Events, Legislative, Ohio CU News, Regulatory
Legal advocacy is increasingly important for credit unions due to the recent uptick in costly litigation throughout the Movement. To ensure Ohio’s top court hears the credit union perspective, the League recently coordinated a dialogue between credit union attorneys...
by Emily Leite | Jul 7, 2020 | Advocacy, Advocacy News, Compliance, eLumination, eLumination 2020.07.09, Legislative, Regulatory
While credit unions continue to manage compliance complexities associated with cannabis banking, there is a similar conversation beginning with hemp banking. Ohio recently legalized hemp cultivation and established a Hemp Program, allowing licensed individuals to grow...
by Emily Leite | Jul 7, 2020 | Advocacy, Advocacy News, eLumination, eLumination 2020.07.09, Legislative, Regulatory
As credit unions focus on serving people, families, communities, and businesses during difficult times, Congress continues to adjust the Small Business Administration (SBA) Paycheck Protection Program (PPP) to make it easier to do so. Recent PPP changes extend the...
by Chris Noble | Jul 7, 2020 | Advocacy, eLumination, eLumination 2020.07.09, Ohio CU News, Regulatory
Credit unions have been a source of great financial relief and flexibility for their members during the COVID-19 pandemic, and the League is here to make sure credit unions can modify their operations with confidence to continue supporting their members. In April, the...
by Chris Noble | Jul 7, 2020 | Advocacy, eLumination, eLumination 2020.07.09, Events, Ohio CU News, Regulatory
Many credit unions have stepped up to help small business navigate the uncertainty of the current health and economic crisis through PPP lending. Unfortunately, the program has opened financial institutions up to unexpected liability, as well. The League hosted a...
by Mallory Bailey | Jul 7, 2020 | Advocacy, eLumination, eLumination 2020.07.09, Membership, OHIO CU NEWS
The Ohio Credit Union League prides itself in serving as the collective space to ignite collaboration and connection to support credit unions, which together showed great strength and momentum in 2019. We are pleased to present the 2019 Annual Report, which includes...
by Emily Leite | Jun 24, 2020 | Advocacy, Advocacy News, eLumination, eLumination 2020.06.25, Legislative
While the pandemic’s economic fires continue to blaze, Ohio credit unions are opening their lobbies and providing critical support to remedy members’ financial situations. Unfortunately, many Ohioans will continue suffering severe economic hardship, jeopardizing their...
by Chris Noble | Jun 24, 2020 | Advocacy, eLumination, eLumination 2020.06.25, Ohio CU News, Regulatory
With more than 80 Ohio credit unions utilizing the Federal Home Loan Bank (FHLB) of Cincinnati for liquidity and community investment needs, it is vital that any changes to FHLB membership standards uphold robust safety and soundness standards. To avoid diluting...
by Cory Fleming | Jun 24, 2020 | Advocacy, Advocacy News, eLumination, eLumination 2020.06.25, Events, Legislative
Each year the League looks forward to partnering with Commodore Perry Federal Credit Union to host PAC-in-Bay in Port Clinton to raise awareness and support for the League Political Action Committees (PACs), which support elected officials that value and support...
by Emily Leite | Jun 10, 2020 | Advocacy, Advocacy News, eLumination, eLumination 2020.06.11, Legislative, Regulatory
As credit unions continue to prioritize people during the pandemic, the League is constantly scanning the federal horizon for opportunities to further protect and advance the cooperative model, like changes to the Small Business Administration (SBA) Paycheck...
by Mallory Bailey | Jun 10, 2020 | Advocacy, Consumer, eLumination, eLumination 2020.06.11, Ohio CU News
Credit unions have a well-established history of service during difficult times, and the League is driving efforts to tell the Ohio Movement’s story during the COVID-19 pandemic. Thanks to survey responses from 53 credit unions, we’ll share data and examples of how...
by Cory Fleming | Jun 10, 2020 | Advocacy, Advocacy News, eLumination, eLumination 2020.06.11, Events, Legislative
Just because it’s difficult to fly to Washington, D.C. and meet in person this year doesn’t mean that fierce credit union advocacy can take a break. You can still stand alongside the League to fight for the Ohio Credit Union Movement’s future by joining us for the...
by Cory Fleming | Jun 10, 2020 | Advocacy, Advocacy News, eLumination, eLumination 2020.06.11, Legislative
Just as your credit union continues to operate in a challenging environment, the League continues to work directly with the Ohio General Assembly to promote and protect credit union interests at the Statehouse. With the legislative summer recess beginning, we’re...
by Emily Leite | May 28, 2020 | Advocacy, Advocacy News, eLumination, eLumination 2020.05.28, Legislative, Regulatory
As your credit union proactively connects with members experiencing financial challenges during the ongoing COVID-19 pandemic, the Federal Communications Commission (FCC) should provide immediate relief from Telephone Consumer Protection Act (TCPA) requirements that...
by Emily Leite | May 28, 2020 | Advocacy, Advocacy News, eLumination, eLumination 2020.05.28, Legislative, Regulatory
Ohio credit unions have a well-established history of service in difficult times, providing people-centric services calibrated to individual, business, and community needs. That’s why the full, free, and clear participation by credit unions in the Small Business...
