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House committee backs bill letting local governments deposit funds with credit unions
Summary
The House Committee of the Whole recommended passage of Senate File 143, which would allow local governments the option to deposit public funds in state-chartered credit unions as an alternative to banks.
CHEYENNE, Wyo. — The House Committee of the Whole recommended passage of Senate File 143, a bill that would allow local governments to deposit public funds with state-chartered credit unions as an option alongside banks.
Representative Heiner, who carried the bill, framed it as a matter of local control and access to depository services, noting several Wyoming communities lack a bank branch and currently must travel long distances to make…
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