Just as your credit union is driving results to make a difference for members, the Ohio General Assembly is hard at work passing legislation to help Ohioans financially recover, including a credit union priority bill that extends regulatory relief so you can better serve members. House Bill 133, a comprehensive regulatory relief bill, will help credit unions better meet unique member challenges through flexible service for borrowers challenged by the current economy, member business loan pricing parity within state linked-deposit programs, and modernized paper check printing requirements. House Bill 133 recently passed out of the Ohio House of Representatives by 96-0 vote and is anticipated to move quickly in the Ohio Senate. The League will continue driving advocacy efforts to ensure House Bill 133 is enacted by this spring so credit unions can more flexibly serve and protect members.
If you have questions about House Bill 133 or would like to learn more about other state credit union priorities, reach out to League Chief Advocacy Officer Emily Leite.