The League Testifies Before Senate Committee on Financial Institutions & Revenue
Last Monday, The League's SVP of Advocacy Sarah Wainscott testified in front of the Senate Committee on Financial Institutions and Revenue in support of SB 19, a bill that will better empower credit unions to prevent the financial exploitation of vulnerable adults.
Activists also advocated in support of the bill during the 2021 State GAC. Share your support for the legislation by sending a pre-written, editable letter to your legislators through the Grassroots Action Center on The League’s website.
Watch The League's Testimony on SB 19 >>
View the Entire Hearing >> (WisEye subscription required for full hearing)
During the same hearing, The League submitted written testimony supporting the appointment of Sally Dischler, President/CEO of Heartland Credit Union and Liza Edinger, President/CEO of Ripco Credit Union to the Credit Union Review Board. Both appointments were approved by the Committee on a 5-0 vote the next day. Next, the appointments will be scheduled for a vote by the State Senate.
Watch Sally and Liza’s testimony >>
Credit Unions Honored with Governor's Financial Literacy Award
Governor Evers announced over a dozen recipients - individuals, businesses, and organizations – of the Governor’s Financial Literacy Awards. Congratulations to the 7 Rivers Chapter of Credit Unions, Educators Credit Union, and Royal Credit Union.
Educators Credit Union is honored with a Legacy Award, which recognizes organizations with purpose and heritage ingrained in sustained financial literacy and capability efforts, and with a reputation held in high regard as a model for others in carrying on the work of supporting financial literacy and expanding opportunities through financial capability. The award notes the credit union’s 84-year history deeply rooted in transformative financial literacy, including: Reality Check Day, Junior Achievement, EverFi, Banzai, MPS Home Back Packs, Educators Credit Union Scholarships, and High School Branches.
7 Rivers Chapter of Credit Unions is being honored for their partnership with Asset Builders of Wisconsin to host an annual Finance & Investment Challenge Bowl, a financial literacy program for high school students which culminates in a live, college bowl tournament where teams compete to determine regional champions that then advance to the state championship tournament. Additionally, the Chapter awarded over $6,000 in scholarships to help students finance their higher education, thanks to a REAL Solutions® Initiative Grant from The Wisconsin Credit Union Foundation.
Royal Credit Union is receiving the award for their "Test Drive Digital" reality fair. In 2020, the credit union planned for in-person reality fairs to offer high school students a real-life simulation of managing money and finances to help gain a better understanding of what it takes to make it on their own as a 25 year-old adult. Nearly overnight, the credit union created this digital simulation, which has already reached 1,200 students.
Congratulations to 7 Rivers Chapter of Credit Unions, Educators Credit Union and Royal Credit Union on this high recognition for their work and success in financial literacy, true testaments to The Credit Union Difference!
Governor Evers Financial Literacy Awards Press Release >>