Bill signed Thursday by Gov. Andrew Cuomo brings Empire State into conformity with national law.
Legislation that expands the ability of credit unions to provide financial services to New Yorkers and their families has passed the State Senate and Assembly. The new measure, sponsored by Sen. Joseph Griffo and Assemblywoman Annette Robinson, enhances the credit union state charter through expanded membership and investment options.
It’s now up to Gov. Andrew Cuomo to ink a new law that expands field of membership rules for state-chartered credit unions.