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Credit union industry proposes technical updates to accounts, expulsions and supervisory committees
Summary
Go West Credit Union Association witnesses told the Senate committee House Bill 3370 would make timing corrections for claims to deceased accounts, allow boards to delegate member‑expulsion appeals, and clarify supervisory committee composition while prohibiting the board chair from serving on that committee.
Pam Levitt, representing Oregon Credit Unions and the Go West Credit Union Association, and attorney Hal Scoggins testified in favor of House Bill 3370 on April 17, telling the Senate Committee on Labor and Business that the measure contains three technical changes to the Oregon Credit Union Act.
Scoggins, outside counsel for Go West, described the three provisions: a timing correction to align statutory…
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