Legislative Reception

Our Legislative Reception was held on December 10th at NewBo City Market. The meeting brought together credit union employees and legislators from both the federal and state levels, including U.S. Senators and Representatives, as well as Iowa state legislators. Together, the legislators represent over 200,000 credit union members across the Cedar Valley area. Many are long-time credit union members themselves.

Madison Grady from PolicyWorks speaking to attendees about 2025 Legislative Priorities.

As part of the reception, Madison Grady, Director of Governmental Affairs at PolicyWorks, outlined the Iowa Credit Union League's 2025 Legislative Priorities. These priorities reflect the ongoing challenges faced by Iowans and emphasized the importance of credit unions in addressing these needs. The following key issues were highlighted:

• Curb Abusive Mortgage Trigger Leads: Enhance transparency regarding mortgage trigger leads generated by credit bureaus and ensure consumers understand their data was not shared by lenders without consent.

• Protecting Iowans from Financial Scams: Strengthen efforts to combat fraud and safeguard members' funds.

• Opposing the Exemption of State Sales Tax on Interchange: Oppose any state-level regulation of interchange fees for electronic payments, which are best handled by the federal government.

• Supporting Changes to the Abandoned Vehicle Code: Work to give owners and lienholders more time and clearer guidelines to reclaim impounded vehicles.

The legislators expressed their support for these issues, acknowledging the challenges they pose to Iowans and credit union members alike. They are eager to collaborate with credit unions and their constituents on effective solutions.

Our Legislative Reception was a powerful reminder of the positive impact that can be achieved when lawmakers, credit unions, and local communities work together. We look forward to continuing these conversations and advancing these priorities.