member Login

Minnesota Credit Union Network

  • Advocacy
    • Advocacy Programs >
      • GAC
      • Impact 22
      • Hike the Hill
    • Grassroots Action Center >
      • GREAT
      • Grassroots Coordinator Program
      • Project Zip Code
    • Support CU Advocacy
    • Regulatory Affairs
    • Political Publications
  • Professional Development
    • Calendar >
      • Event Policies
    • CEO Conference
    • GAC
    • Accelerate 23: Annual Conference
    • Webinars
    • Get Involved >
      • MnCUN Mobile App
      • Chapters
      • Committees >
        • Committee Applications
      • Trailblazers
      • Tristate Mentorship Match
      • The CREW
      • Peer-to-Peer
      • Women's Leadership Network
  • Member Resources
    • Online Member Tools
    • MN CU Employee Benefits Plan >
      • Benefits Plan | Requesting a Quote
      • Guardian Life
    • Compliance >
      • Compliance and Audit Services
      • Submit a Compliance Question
      • PolicyAid
      • The Pulse: Compliance
    • Elder Financial Abuse Prevention
    • DEI >
      • CDFI Resources
    • News
    • Publications
    • The Pulse
    • Awareness Campaign
    • Awards >
      • Professional and Director of the Year >
        • Professional of the Year Form
        • Director of the Year Form
      • Marketing Awards
      • National Awards
    • CU FORWARD
    • CU Green
    • Health Savings Account Finder
  • About
    • About MnCUN >
      • Contact
      • Our Team
      • Board of Directors
      • Board Elections
    • About Credit Unions >
      • Impact Report
    • Partner with Us
  • Jobs
  • Solutions Directory
    • 2022 VIP, Strategic Alliance and Sponsor
  • Foundation
    • Capital Drive Village Financial
    • Contribute
    • Apply for a Grant >
      • DEI Grant Application
      • CUDE Grant Application
      • Financial & Audit Professional Grant Application
      • GAC Scholarship Application
      • Financial Education Grant Application
      • Professional Development Grant Application
      • Pandemic Relief Grants
    • Financial Education Resources
    • CU Builder
    • Foundation Programs >
      • Enhanced FiCEP Program
    • CU4Kids
    • Scholarship Council
  • Advocacy
    • Advocacy Programs >
      • GAC
      • Impact 22
      • Hike the Hill
    • Grassroots Action Center >
      • GREAT
      • Grassroots Coordinator Program
      • Project Zip Code
    • Support CU Advocacy
    • Regulatory Affairs
    • Political Publications
  • Professional Development
    • Calendar >
      • Event Policies
    • CEO Conference
    • GAC
    • Accelerate 23: Annual Conference
    • Webinars
    • Get Involved >
      • MnCUN Mobile App
      • Chapters
      • Committees >
        • Committee Applications
      • Trailblazers
      • Tristate Mentorship Match
      • The CREW
      • Peer-to-Peer
      • Women's Leadership Network
  • Member Resources
    • Online Member Tools
    • MN CU Employee Benefits Plan >
      • Benefits Plan | Requesting a Quote
      • Guardian Life
    • Compliance >
      • Compliance and Audit Services
      • Submit a Compliance Question
      • PolicyAid
      • The Pulse: Compliance
    • Elder Financial Abuse Prevention
    • DEI >
      • CDFI Resources
    • News
    • Publications
    • The Pulse
    • Awareness Campaign
    • Awards >
      • Professional and Director of the Year >
        • Professional of the Year Form
        • Director of the Year Form
      • Marketing Awards
      • National Awards
    • CU FORWARD
    • CU Green
    • Health Savings Account Finder
  • About
    • About MnCUN >
      • Contact
      • Our Team
      • Board of Directors
      • Board Elections
    • About Credit Unions >
      • Impact Report
    • Partner with Us
  • Jobs
  • Solutions Directory
    • 2022 VIP, Strategic Alliance and Sponsor
  • Foundation
    • Capital Drive Village Financial
    • Contribute
    • Apply for a Grant >
      • DEI Grant Application
      • CUDE Grant Application
      • Financial & Audit Professional Grant Application
      • GAC Scholarship Application
      • Financial Education Grant Application
      • Professional Development Grant Application
      • Pandemic Relief Grants
    • Financial Education Resources
    • CU Builder
    • Foundation Programs >
      • Enhanced FiCEP Program
    • CU4Kids
    • Scholarship Council

News

ARTICLE

Date ArticleType
5/20/2021 7:22:02 PM Press Release

U.S. Sens. Tina Smith & Ben Sasse Introduce Bipartisan Bill to Improve Credit Union Employee & Member Safety

WASHINGTON, D.C. [05/20/21]—U.S. Senators Tina Smith (D-Minn.) and Ben Sasse (R-Neb.) introduced bipartisan legislation to make credit unions safer for employees and members. The Credit Union Employee and Member Safety Act of 2021 would simplify the expulsion process for credit union members who engage in unacceptable, sometimes dangerous behavior, while preventing unfair expulsions. 
 
Minnesota credit unions have shared stories of members who have robbed credit unions, smashed ATMs, and sexually harassed tellers. Despite this unacceptable behavior, it can be difficult for credit unions to expel these members. That is because current law requires the credit union to call a vote of membership to expel a member, even when the member has been in engaged in egregious conduct. Sens. Smith and Sasse’s bill would fix this problem by allowing federal credit unions to expel members for violations of credit union policies without requiring a vote of membership. The bill is based on bipartisan legislation that was passed unanimously by the Minnesota legislature several years ago. The Credit Union Employee and Member Safety Act of 2021 would apply the Minnesota legislation to federally chartered credit unions. 
 
“It's unacceptable that Minnesota credit union employees have had to endure harassment, theft, or violence by members,” said Sen. Smith. “Right now, expelling members who seek to harm credit unions and their employees is a time consuming and burdensome process, leaving staff, members and the credit union itself at risk of further harm. The Minnesota legislature voted unanimously to fix this problem for state-chartered credit unions in 2018, and my bipartisan legislation would take what we’ve learned in Minnesota and apply it to credit unions that are federally chartered.”
 
“Nebraska’s credit union employees should feel safe and comfortable clocking in every day and members should feel safe doing their banking,” said Sen. Sasse. “These employees perform important services across the state and ought to be able to do their jobs unimpeded. This bill provides a much needed update to the federal credit union charter and I am glad to have worked with Senator Smith on this bill.”
 
“This bill is an important update of the federal credit union charter and prioritizes the safety of credit union members and the staff that serve them,” said Mark Cummins, President and CEO of the Minnesota Credit Union Network. “We appreciate Senator Smith’s commitment to strengthening the security of Minnesota credit unions.”
 
“The safety and security of credit union employees and credit union members is paramount to Nebraska’s credit unions and therefore we strongly support the Credit Union Employee and Member Safety Act and urge its passage,” said Scott Sullivan, President and CEO of the Nebraska Credit Union League. “Nebraska credit unions thank our United States Senator Ben Sasse for his commitment to the safety of credit union employees and their members.”
 
“We thank Sens. Smith and Sasse for their bipartisan bill that would modernize the Federal Credit Union Act to support staff and member safety,” said Jim Nussle, President and CEO of the Credit Union National Association. “We look forward to working with them to advance this bipartisan legislation so that we can bring credit union governance into the 21st century.”
 
You can access bill text here.

VIP

Partner with Us
Contact Us
Request login credentials
About MnCUN
​
About Credit Unions
​CUNA
Picture
Copyright Minnesota Credit Union Network.  All Rights Reserved.
555 Wabasha Street North, Suite 200 |  Saint Paul, MN 55102
Phone: (651) 288-5170 | info@mncun.org | sitemap
If you are using a screen reader and are having problems using this website, please call (800) 477-1034 or email info@mncun.org for assistance.


Picture