SB20-068
Interstate Branches For State Credit Unions
Concerning an authorization of state credit unions opening branches in other states.
Session:
2020 Regular Session
Subject:
Bill Summary
Financial Services & Commerce
A Colorado state credit union may open new branches in Colorado or in other states 30 days after providing written notice to the state commissioner of financial services. The state commissioner may enter into agreements with other state credit union regulators for the purposes of examination and supervision of out-of-state offices.
(Note: This summary applies to this bill as enacted.)