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Luncheon Held for Congresswoman Joyce Beatty

For two terms of Congress, ASI has been honored by the support so many Congressional leaders have afforded us in our efforts to allow privately insured credit unions access to the FHLB System, but none have been as helpful as our two co-sponsors in the U.S. House Committee on Financial Services, Steve Stivers (R-OH) and Joyce Beatty (D-OH). Despite their sitting on opposite sides of the aisle, they both agreed early on that this change was beneficial for all privately insured credit unions and that it corrected an oversight in the Federal Home Loan Bank Act dating back to 1989, when credit unions were first allowed access to the FHLB System. Today, we held a thank-you luncheon for Congresswoman Beatty, and thanked her for her unyielding support and assistance in seeing this measure (one of her first bills introduced during her first term) all the way to the President’s desk. American Share says: “Thank-you Congresswoman Beatty.”