From the Archives: April 2013

CU Leaders Convene in Lansing for Annual State GAC 

The timing for the MCUL’s annual state GAC, and the arrival of more than 125 credit union leaders in Lansing from April 9-10, couldn’t have been better. The GAC featured a myriad of panels and speakers discussing the latest issues affecting credit unions and the entire state of Michigan. Credit union leaders and MCUL staff discussed the issues of urban blight, title fraud, foreclosure process reforms and regulatory burden with lawmakers and staff over the course of the two-day conference.

MCUL & Affiliates CEO David Adams kicked off the event on Tuesday morning in the Mackinac Room in the House Office Building prior to a luncheon with more than 60 lawmakers and staff. The agenda also included a keynote address by Attorney General Bill Schuette, receptions with members of the House and Senate Tax and Financial Services Committees, DIFS credit union division Deputy Director John Kolhoff and other legislative and industry leaders. On Wednesday, MCUL and several member credit unions participated in several legislative hearings on issues important to credit unions, including elimination of non-homestead tax mills on foreclosed properties and the banning of point-of-sale transaction fees by merchants on credit card transactions.

Advocacy by credit union officials, volunteers and members is particularly important in 2013, as several states face tax challenges and Congress will undertake comprehensive tax reform, beginning this spring. The next opportunity for organized advocacy will take place June 4-5, as Michigan credit union advocates converge on Washington for the 2013 Hike the Hill. 

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