Credit Union Bill will allow us to serve you better
Your support is needed

Chief sponsor State Representative Geoffrey Smith introduced HB 470, 'The Credit Union Bill,' earlier this year.

The Ohio House of Representatives is currently considering HB 470, which would update the state's credit union laws for the first time in 17 years. If passed, the bill will update Ohio's credit union laws to match the current times.
 
Canton Police & Firemen's Credit Union is a non-profit cooperative financial institution that exists to provide services to its members, including you. Over the past few years, we have responded to our members' needs by adding convenient services such as Internet banking and a website, debit cards, Mortgage and Home Equity loans.   HB 470 will allow us to provide several more convenient services that our members have requested.
 
For example, HB 470 will allow our members to deposit probate and guardianship funds in the credit union. Currently, if a member dies, his or her family must, by law, transfer the member's accounts out of the credit union and into a bank during probate action. Credit union members have complained that this is an unnecessary headache during a time of grief. HB 470 would allow the family to keep the probate funds in the credit union.
 
HB 470 would also benefit our members by:
Making joint account owners eligible for loans;
Granting our credit union the authority to offer some of the same services as other financial service providers;
Allowing our credit union more opportunities to serve low-income and underserved areas of our community.
 Please ask your state representative and your state senator to support HB 470, The Credit Union Bill.
"Your Credit Union, Good For Ohio, Good For Ohioans"

                                              STATE SENATOR                                                 STATE REPRESENTATIVE
                                                J. Kirk Schuring                                                          Mary M. Cirelli
                                                Senate Bldg.                                                               District 52
                                                Room 041 Ground Floor                                             77 S. High St 10th Floor
                                                Columbus, OH  43215                                                Columbus, OH  43215-6111
                                                614-466-0626                                                             614-466-8030     Fax 614-644-9494
                                                     SD29@mailr,sen.state.oh.us                                               district52@ohr,state.oh.us