Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Assembly speaker signs up as key muni-deposit sponsor
TRENTON, N.J. (12/16/10)--New Jersey Assembly Speaker Sheila Oliver (D-34) has added her name as prime sponsor for legislation to reform the state's 40-year-old municipal deposits law to enable local government entities to include credit unions when considering potential depositories. According to the New Jersey Credit Union League, the measure's original sponsor, Assemblyman Fred Scalera (D-36), resigned his legislative post to accept a position in the private sector. The league worked to recruit an additional prime sponsor to replace Scalera on the bill (The Daily Exchange Dec. 15 and Dec. 13). The legislation passed the state Senate in June. The Assembly bill, which has two prime sponsors and eight co-sponsors, remains active, pending consideration in the Financial Institutions and Insurance Committee, the league said. Oliver's sponsorship is important because she presides over the lower house of the state Legislature and is among the state's most influential elected leaders, said the league.


RSS





print
News Now LiveWire
.@CFPB Director Richard Cordray's testimony that he will deliver before the #HFSC this afternoon. http://t.co/NA1aEOPAeh
1 hour ago
Consumer spending flatlines, savings ramp up #Market #NewsNow http://t.co/94kPuBpMRK
1 hour ago
.@Cornerstone_CUL in 2014: $9K in savings per member #NewsNow #CUSystem http://t.co/7LnsV876cs
3 hours ago
RT @CUNA: Bill to codify #creditunion Advisory Council, is introduced by @reppittenger @RepDennyHeck HT @newsnowlivewire http://t.co/0zviXx…
4 hours ago
Construction spending drops in January, according to @CommerceGov http://t.co/W9J1mDyF8X #Market #NewsNow
20 hours ago