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News Now

CU System
New York GAC shares CU difference with state lawmakers
LATHAM, N.Y. (5/30/08)--New York credit unions participated in 81 "Hike the Hill" visits in Albany, N.Y. last week to promote progressive credit union legislative issues to lawmakers during the New York State Credit Union League's annual Governmental Affairs Conference. They asked state lawmakers to:
* Advance municipal deposits legislation; * Support a special additional mortgage recording tax exemption for state-chartered credit unions; and * Recognize the need for financial education in high schools.
They
New York credit unions visited state lawmakers during the New York State Credit Union League's annual Governmental Affairs Conference last week. From left: John C. Gibardi, CEO, Entertainment Industries FCU; State Assembly Banks Chair Darryl C. Towns (D-Metropolitan); William J. Mellin, league president/CEO; and Lou Jimenez, CEO, Montauk CU. (Photo provided by the New York State Credit Union League)
presented information packets about credit unions, memorandums of support on favorable credit union issues, Project ZIP Code data, the league's second annual Member Outreach & Reinvestment Endeavor (MORE) Report, which documents efforts by New York state-chartered credit unions to fulfill their social mission; and the "Little Guy" from the Credit Union National Association's campaign. More than 100 elected officials and/or their staff attended the event's legislative reception. Attendees heard keynote addresses by John Parfrey, director of the NEFE High School Financial Planning Program; Bob Bellafiore, senior partner, Eric Mower and Associates, who update the group on state politics; and Steven Greenberg, founder, Greenberg Public Relations. Parfrey acknowledged New York credit unions' support of the NEFE's financial literacy efforts with youth. Bellafiore and Greenberg spoke about the state government and the presidential election.


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