Wisconsin Governor Signs Into Law Updated CU Laws

Wisconsin Governor Scott Walker

MADISON, Wis.–Wisconsin Gov. Scott Walker has signed into law legislation that streamlines, clarifies and makes more transparent the regulations affecting 150 state-chartered credit unions.


On hand for the bill signing were the bill’s lead author and Assembly Financial Institutions Committee Chair Rep. Dave Craig (R-Town of Vernon), Senate author Sen. Rick Gudex (R-Fond du Lac) and the senator's chief of staff, Tim Lakin.



The legislation updates portions of the state statute relating to credit unions, Chapter 186, and related provisions of administrative code. The legislation was unanimously approved by the Wisconsin legislature. 

"This is a common-sense law that benefits our state's citizens, families and communities," said League President and CEO Brett Thompson in a statement. "We thank the Governor for his support of the law and look forward to working with him and the legislature on future efforts that support credit unions and their 2.7 million member-owners.”

From left, behind Governor Walker, Sarah Wainscott, League Director of Government Affairs; Carol Adler, Marshfield Medical Center Credit Union; Nels Rude, Kammer Group; Tim Lakin, Chief of Staff for Sen. Gudex, Mike Mallow, League Government Affairs Committee Chair, Glacier Hills Credit Union; Senate author Sen. Rick Gudex; Tom Pinnow, County-City Credit Union; Jeremiah DeGollon, Summit Credit Union; League President and CEO Brett Thompson; Jennifer Schilling, Empower Credit Union; lead author and Assembly Financial Institutions Committee Chair Rep. Dave Craig; Randy Beck, Royal Credit Union; Pete Kammer, Kammer Group; Kim Santos, Director of the Office of Credit Unions; John Manske, Cooperative Network; Pat Wesenberg, Central City Credit Union; Tom Liebe, Cooperative Network; and Faith Voss, Wisconsin Credit Union League.

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Copyright Holder: CUToday.info
Copyright Year: 2026
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URL: https://cuto.flux5.ccplatform.net/Fresh-Today/Wisconsin-Governor-Signs-Into-Law-Updated-CU-Laws