Proposed WA House Bill 1053 – Addressing the Washington State Credit Union Act

There is a current bill in committee (HB 1053 / SB 5144) that, if enacted would: Modify credit union governance provisions related to supervisory committees and special membership meetings, and Modify low-income credit union designations and secondary accounts. In summary, the bill includes: Supervisory Committee The supervisory committee must: perform or arrange for additional audits as requested by the board … Read More