Utah CUs Answer Anti-CU CongressionalInitiative

April 29, 2005, 1:00 a.m. EDT 1 Min Read

WASHINGTON - (04/29/05) -- Representatives of the Utah Leagueof CUs traveled to Capitol Hill this week to present the state'scongressional delegation a petition signed by 150,000 Utahnsopposing the anti-credit union resolution sent to Washington by thestate legislature. The resolution asks Congress to weigh in on thestate's decade-old battles between bans and credit unions, by,among other things, allowing the states to assess sales and otherlocal levies on federally chartered credit unions. Butcongressional representatives said they have little interest ingetting involved in the bank-credit union battles and expect littleaction on the resolution.

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