June 21, 2012

Wisconsin mayors encourage colleagues to join broad coalition of MBL support

Madison, WI Mayor Paul Soglin, author of the resolution supporting S.2231

Over the weekend, the U.S. Conference of Mayors adopted a resolution in support of member business lending. The entire effort germinated here in Wisconsin with a social conversation between UW Credit Union CEO Paul Kundert and Madison Mayor Paul Soglin.

Substantial involvement and support also came from Mike Bunge, Dan Milbrandt and Jeremiah DeGollon at Summit, Landmark CEO Jay Magulski and PCM CEO Danny Wollin who also visited and/or spoke with their mayors.

League staff enlisted Racine Mayor John Dickert to actively lead the colleague-lobbying effort in the Metro Economies Committee and the Conference as a whole. Mayor Dickert helped ensure a large number of influential cosponsors and played a major role in securing passage.

In addition, League staff worked with CUNA and our GAPS colleagues to seek support from mayors in their respective states as well.

You can view the resolution by clicking here.

If you haven't already done so, please take a few seconds to send a pre-written email to our Senators. Then, call toll-free at 1-877-642-4223 to tell each Senator's staff it's important to support S. 2231. Wisconsin's small businesses and the citizens they employ are counting on YOU!

Credit unions gain support on ATM placard legislation

The League recently authored a letter, cosigned by the Wisconsin Bankers Association and the Community Bankers of Wisconsin, urging Wisconsin's Senators to support bills eliminating the requirement to place a fee notice on the outside of an ATM in addition to the on-screen fee affirmation. A copy of the letter can be found here.

Both Wisconsin members of the House Financial Services Committee, Congressman Sean Duffy (R-WI-7) and Congresswoman Gwen Moore, have signed on as co-sponsors of the bill, which can be found here. This legislation will protect credit unions, banks, and other ATM operators from frivolous lawsuits while at the same time maintaining important consumer protections.

Help support credit union friendly lawmakers

The Republican Assembly Campaign Committee (RACC) has asked for our members' help. Help show commitment to the future leaders of our state government by contributing and show that we support candidates who support credit unions.

If you haven't already done so, please click here to send a contribution from your Members' Conduit account to the committee of your choice by writing "RACC" in the online form. You can always put more into your conduit account by making a credit card donation at our secure site here.

As always, you are welcome and encouraged to use your Members' Conduit account to support any state level candidate or committee of your choosing using this online form.  If you're interested in opening a Members' Conduit account, contact Sarah Wainscott.

DFI/OCU relocation

On Wednesday, June 20, the State Building Commission likely ended the DFI/OCU's attempt to move from a downtown location to the far west side in Middleton a new office in Middleton on a 4-4 vote. As of now, the State Department of Administration will need to craft a new RFP before the DFI's lease ends in August.

League staff spoke with the Legislative Fiscal Bureau (LFB) about potential cost savings of a move and/or new lease. The LFB confirmed that the agencies should realize millions in rent savings over the term of the lease, independent of where they're actually located due primarily to the soft commercial real estate market.

We will keep you informed of any future developments.


Congressmen Sensenbrenner to hold town halls

Congressman James Sensenbrenner (R-WI-5) will be holding town halls throughout the Fifth Congressional District during June and July. Please click here to take a look at the schedule.

If you plan to attend any of these office hours, please let Sarah Wainscott know.