To help make the home adoption process more affordable for credit union members, the League testified in favor of House Bill 405 to permit credit unions to hold low-cost deposits from the Treasurer of State, as long as the savings are passed along to members through lower rates of interest on loans or lines of credit. A member must also agree to use the loan only to cover adoption costs such as a home study. House Bill 405 is a great example of the credit union philosophy of “people helping people” and furthers the Movement’s partnership with the state of Ohio. To help ensure passage of the legislation, we need you to contact your state legislator using VoterVoice. Please reach out to Director of Legislative and Political Affairs Cory Fleming or Manager of Legislative and Political Advocacy Andrew Canan with any questions.