AB478 ROCP for Committee on Financial Institutions

Assembly

Record of Committee Proceedings

Committee on Financial Institutions

Assembly Bill 478

Relating to: authorized activities and operations of credit unions, automated teller machines of financial institutions, repealing rules promulgated by the Department of Financial Institutions, and providing an exemption from rule-making procedures.

By Representatives Murphy, Callahan, Baldeh, Edming, Goyke, Krug, Kuglitsch, Loudenbeck, Rozar, Subeck, Tittl, Tusler and Wittke; cosponsored by Senators Stafsholt, Bewley, Carpenter, Jacque, Ringhand and Wirch.

July 26, 2021               Referred to Committee on Financial Institutions

October 06, 2021        Public Hearing Held

Present:       (9)        Representative Duchow; Representatives Katsma, Allen, Murphy, Petryk, Horlacher, Doyle, B. Meyers and Brostoff.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Representative Dave Murphy - 56th Assembly District

·      Grant Beardsley - Royal Credit Union

·      Chris Moczynski - Prime Financial Credit Union

·      Brett Thompson - Wisconsin Credit Union League

·      Kevin Hauser - Westby Co-op Credit Union

·      Mike Schenk - Wisconsin Credit Unions League/ CUNA

Appearances Against

·      Charlie Schmalz - East Wisconsin Savings Bank

·      Jason Bloxham - Wolf River Community Bank

·      Mark Erickson - MidwestOne Bank

·      Kathy Rankin - Tomahawk Community Bank

·      Tracey Pierce - Bank of Wisconsin Dells

·      Ken Thompson - Wisconsin Bankers Association

·      Rose Oswald Poels - Wisconsin Bankers Association

Appearances for Information Only

·      None.

Registrations For

·      Lisa Hintz - Capital Credit Union

·      Steven Heiderer - Guardian Credit Union

·      Holly Baumel - Blackhawk Community Credit Union

·      Shay Santos - Dane County Credit Union

·      Jay Magulski - Landmark Credit Union

·      Susan Vandermeuse - Kohler Credit Union

·      Bryan Greenen - CUNA Mutual Group

·      Jeremy Yardley - Gundersen Credit Union

·      Scott Steinfort - Community First Credit Union

·      Joseph Harvey - Community First Credit Union

·      Amanda Secor - Community First Credit Union

·      Heather Voight

·      Sally Dischler - Heartland Credit Union

·      Mark Volz

·      Colleen Woggon - Oakdale Credit Union

·      David Murphy - Marshfield Medical Center Credit Union

·      Chris Butler - Verve, A Credit Union

·      Mary Sullivan - Community First Credit Union

·      Brett Lee - CoVantage Credit Union

·      Chad LaFlash - UW Credit Union

·      Nicholas Phillips - UW Credit Union

·      Scott Stewart - Dane County Credit Union

·      Leslie Hulick - Blackhawk Community Credit Union

·      Jennifer Wickman - Cooperative Network

·      W. Richard Chiapete - Educators Credit Union

·      Christopher Schell - Summit Credit Union

·      Timothy Barthel - Sentry Credit Union

·      Adam Newman - Landmark Credit Union

Registrations Against

·      Tanya Walsh-Laehn - Bank of Wisconsin Dells

·      Molly Bauer - Bank of Wisconsin Dells

·      Eric Czarnecki - Bank of Wisconsin Dells

·      Teresa Weise - First Business Bank

·      Kevin Ravenscroft - Peoples Community Bank

·      Bruce Craker - North Shore Bank

·      Jay Smith - Bank of Lake Mills

·      Ty Neupert - Bank of Lake Mills

·      Peter Schleicher - Bank of Lake Mills

Registrations for Information Only

·      Director Kim Santos - Wisconsin Department of Financial Institutions- Office of Credit Unions

March 10, 2022           Failed to pass pursuant to Senate Joint Resolution 1

______________________________

Dan Hubert

Committee Clerk