Contact: RJ Tamburri | Communications Director
(800) 342-9835, ext. 8137 | rj.tamburri@nycua.org

ALBANY, N.Y. –Credit union advocates from throughout New York were in Albany this week to take part in the New York Credit Union Association’s 2017 State Governmental Affairs Conference. The two-day event, held April 24-25, provided attendees with numerous opportunities to connect with state lawmakers and advocate for pro-credit union legislation.

More specifically, State GAC attendees focused their discussions with lawmakers on four main legislative issues: the inclusion of credit unions in the state Banking Development Districts Program; increasing penalties for robberies committed with a demand note; allowing credit unions to accept municipal deposits; and the creation of a state funds deposit program.

The State GAC kicked off Monday with two simultaneous breakout sessions: a discussion on the state of the taxi medallion industry and a young professionals track.

During a legislative update Monday afternoon, Senate Majority Leader John Flanagan, R-Huntington, and Assembly Minority Leader Brian Kolb, R-Geneva, stopped by to address the group. Both lawmakers thanked the credit union advocates for bringing their message to Albany, and Kolb in particular expressed his strong support for the demand-note robbery legislation.

The first day of State GAC concluded with a legislative reception that allowed attendees to mingle informally with leading state lawmakers.

Tuesday began with an economic update led by Edmund J. McMahon, the founder and research director at the Empire Center for Public Policy and a longtime thought-leader among New York’s fiscal conservatives.

McMahon’s remarks served as a jumping-off point for State GAC attendees’ legislative visits. The meetings with lawmakers and senior staff began at 9:30 a.m. and ran through the duration of the day.

A number of lawmakers expressed support for the credit union issues. Notably, Assemblyman Michael Kearns, D-Buffalo, signed on to the demand-note robbery bill while he was meeting with a group of credit union advocates.

“State GAC is an important event that produces important results,” said NYCUA President and CEO William J. Mellin. “The fact that a number of lawmakers agreed to support our priorities as a result of our advocacy efforts speaks to the influence the credit union movement has built in Albany over the years. Thank you to all who came out and made sure the credit union voice was heard in our state Capitol.”

The event concluded with lawmakers inviting NYCUA leadership and New York credit union advocates on to the floor of the Assembly, where they were formally recognized.

To view pictures from the 2017 State GAC, visit NYCUA’s Facebook page.

About the New York Credit Union Association
For more than 100 years, the New York Credit Union Association has served as the trade association for the state’s credit unions, which collectively hold more than $83 billion in assets and serve 5.8 million members. To learn more about NYCUA, visit www.nycua.org. To find a credit union or learn more about the credit union movement, visit www.asmarterchoice.org.