An Iowa legislator and credit union board member was dumbfounded by an eleventh-hour phone call from a banker on an upcoming savings promotion bill.
Iowa Rep. Bob Kressig (D-Cedar Falls) told Credit Union Times that he received a call from a banker the day before a bill that would allow financial institutions to conduct savings promotion raffles was up for a vote in the House.
Kressig also serves on the board of the $1.7 billion Veridian Credit Union in Waterloo, Iowa.
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