Gov. Sebelius Signs Kansas CU Parity Bill into Law
WICHITA, Kan. - Kansas Gov. Kathleen Sebelius signed a bill into law March 28 that gives state-chartered credit unions parity with out-of-state CUs. The measure - H.B. 2099 - also allows the Administrator of the Kansas Department of Credit Unions to authorize full parity to any federally-insured CU. H.B. 2099, which was backed by the Kansas Credit Union Association, requires that a credit union approved to do business in the state is subject to the same fees for examination as a Kansas state-chartered CU. The fee would be paid to the Credit Union Administrator.