Former Rep. Steve LaTourette, the primary Republican sponsor of the 1998 Credit Union Membership Access Act, died Wednesday after a battle with pancreatic cancer.
He was 62.
LaTourette was instrumental in passing the legislation that opened up credit unions to multiple groups. Rep. Paul Kanjorski (D-Pa.) introduced the legislation in March 1997, but the bill lacked a Republican co-sponsor. Banks were well entrenched with many Republicans at the time, but LaTourette, the 27th ranking member of the House Banking and Financial Services, agreed to join Kanjorski as primary sponsors.
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