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CU System
NY CUs make their case at state GAC
ALBANY, N.Y. (4/22/10)--Ninety New York credit union representatives attended the Credit Union Association of New York’s annual state Governmental Affairs Conference in Albany. The group discussed political issues and opportunities affecting credit unions.
Mark Pfisterer, president/CEO, Americu CU, questioned state banking examiners during a roundtable meeting at the Credit Union Association of New York’s annual governmental affairs conference in Albany. (Photo provided by the Credit Union Association of New York)
The event opened with a state-chartered credit union roundtable featuring New York State Banking Department Principal Examiner Marcel Baruth and Banking Examiner Richard Cordner, who spoke about credit unions’ strong performance in 2009. Association staff and leaders also joined a coalition of local groups and legislators at a press conference in support of municipal depository choice, which would allow government entities to deposit tax dollars in credit unions or local banks. Speakers at the press conference included: William Mellin, president/CEO, Credit Union Association of New York; Albany Mayor Jerry Jennings; Michael Breslin, Albany County executive; State Reps. Tim Gordon (I-Bethlehem), Carl Heastie (D-Bronx) and Harvey Weisenberg (D-Long Island); State Sens. Kevin Parker (D-Brooklyn) and Craig Johnson (D-Long Island); Vestal Town Supervisor Pete Andreasen; and Mike Tobler of Albany Firemen’s FCU. Credit union representatives also met with more than 100 senators and assembly members, urging lawmakers to support the municipal deposit legislation. “Municipal deposit choice puts more public dollars back on Main Street,” Mellin said. John McKechnie, National Credit Union Administration director of public and congressional affairs, discussed the political climate in Washington, D.C. and how it will affect credit unions, and Michael Hook, founding partner of Greener and Hook, discussed upcoming state and national elections.


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