League System advocates at state legislative events

July 24, 2026

Working in support of pro-credit union policies at the state level, America’s Credit Unions and Leagues attended the American Legislative Exchange Council (ALEC) Annual Meeting this week in Orlando, and will attend the National Conference of State Legislatures (NCSL) Legislative Summit in Chicago next week.

ALEC policies are state legislation models voted on by task forces within the organization and then submitted to the Executive Committee for final adoption.

America’s Credit Unions wrote ALEC task force staff opposing amendments that would:

  • Require nearly all employers (including credit unions) to participate in E-Verify, verify newly hired employees, maintain verification records, and terminate employment when work authorization cannot be confirmed through the federal review process; and
  • Treat personal information entrusted to online platforms and cloud-service providers as a legal bailment (temporary transfer of ownership), which would create significant uncertainty regarding the obligations and liabilities of organizations that collect, process, transmit, or store data.

America’s Credit Unions also suggested changes to a policy on the legal tender status of specie (coins created from bullion). While the proposal does not appear to require private financial institutions to accept gold or silver as deposits or payments, it should expressly state that financial institutions are not required to accept, custody, exchange, process, or assign value to specie.

In advance of next week’s NCSL summit, America’s Credit Unions also wrote to members of its Banking, Financial Services, and Insurance Committee, supporting resolutions to:

  • Protect consumers from cryptocurrency kiosk fraud, excessive fees, inadequate disclosures, and the often-irreversible nature of cryptocurrency transactions;
  • Recognize the variety of earned wage access products currently offered in the marketplace and preserve the authority of states to determine how these products should be regulated; and 
  • Call for long-term reauthorization and reform of the National Flood Insurance Program.