JEFFERSON CITY, Mo. — The governor's desk is the next stop for the field of membership compromise bill hammered out over more than six months between banks and credit unions.
Missouri Governor Matt Blunt (R) is expected to sign the bill, which defines a "geographic area" credit union, into law. The Missouri House passed Senate Bill 591 unanimously, 152-0 with 11 absences, on April 24.
Despite the unanimous vote, the bill did not travel an easy path, Missouri Credit Union Association Vice President of Public/Legislative Affairs Amy McLard said. "It was one of those things that was a long, long road of negotiation."
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