TOPEKA, Kan. — With Kansas banks seeking to impose new field ofmembership limits, credit unions across the state were pumping uptheir lobbying activities last week to thwart banker-backedamendments to a CU-supported codification bill.
“Consumers should have the right to choose where they conducttheir financial business,” declared the Kansas Credit UnionAssociation in opposing FOM changes to its codification bill.
The latest attack on CU expansion began to surface in House andSenate committees in January and follows banker-backed hearingswhich started in 2006 to curb branch expansion by state CUs. Thebanking lobby has been urging lawmakers to restrict FOM growthaccording to strict federal guidelines.
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