Leagues and CUNA Represent CUs at State Legislature Conference

L-R: David Tuyo, CEO of University CU; California Assembly Speaker Anthony Rendon (D-Los Angeles); Courtney Jensen, VP of State Government Affairs for the California and Nevada Credit Union Leagues; Nader Moghaddam, CEO of Financial Partners CU; and Diana Dykstra, President and CEO of the Leagues
L-R: David Tuyo, CEO of University CU; California Assembly Speaker Anthony Rendon (D-Los Angeles); Courtney Jensen, VP of State Government Affairs for the California and Nevada Credit Union Leagues; Nader Moghaddam, CEO of Financial Partners CU; and Diana Dykstra, President and CEO of the Leagues

Last week the California and Nevada Credit Union Leagues and the Credit Union National Association (CUNA) raised awareness of credit unions during the National Conference of State Legislatures (NCSL) in Los Angeles.

Credit unions were well represented through a top sponsorship, where the “America’s Credit Unions” logo was on prominent display on the NCSL mobile app, hotel key cards, WiFi webpage and signage throughout the conference.

Legislators from California’s host committee—including Assembly Speaker Anthony Rendon (D-Los Angeles) and Assemblymember Adam Gray (D-Merced)—were thankful for the support from the credit union movement and publicly thanked credit unions during the state-night dinner, which was well attended by legislators from across California.

During this Tuesday night dinner, California credit union leaders were able to sit with Rendon and Assemblymember Cecilia Aguiar-Curry (D-Winters). The group spoke with Aguiar-Curry about the credit union movement and the recent wildfires in her district. They included Financial Partners CU CEO Nader Moghaddam, University CU CEO David Tuyo, Leagues President and CEO Diana Dykstra, Leagues Senior Vice President of Advocacy Bob Arnould, Leagues Manager of Political Advocacy Heather deNecochea, and Leagues Vice President of State Government Affairs Courtney Jensen

Earlier on Tuesday, Dykstra, Arnould, deNecochea and Jensen were also able to spend time with Assemblymember Monique Limon (D-Santa Barbara)—chair of the California Assembly Banking and Finance Committee—and speak about the global credit union movement, the unbanked communities in her district, and the recovery process after the fire and mudslides in her district earlier this year. Since taking over the role of chair last year, Limon has had an open door to the California Credit Union League and has developed relationships with credit union leaders in her district.

Overall, staff from the Leagues were able to spend valuable time with several California and Nevada legislators attending NCSL, including Nevada Senate Assistant Majority Leader Kelvin Atkinson (D-Las Vegas) and Nevada Assemblymember Chris Brooks (D-Las Vegas). These networking opportunities help the Leagues develop even stronger relationships, especially in California going into the end of session in August and in Nevada going into the next session in February 2019.

League staff also attended NCSL committee meetings and presentations. The NCSL Communications, Financial Services and Interstate Commerce Committee voted to support a cannabis banking policy directive which “calls on Congress to amend the Controlled Substances Act to remove cannabis from scheduling, thus enabling financial institutions the ability to provide banking services to cannabis related businesses.” Staff also heard presentations regarding “Financial Services for Marijuana Businesses” and a preview of November state elections, including ballot measures and legislative races.

“By working together, the Leagues and CUNA showed the strength of the credit union movement at this national event,” Jensen said. “As a result, we were able to raise awareness and messaging to policymakers throughout the country.”

(The policy directive and resolutions of NCSL’s Standing Committee on Communications, Financial Services and Interstate Commerce can be found here on page 13)

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