This spurs the Iowa Credit Union League to consider making the credit union movement in Iowa more visible. The public begins to hear more about credit unions all over the country. The movement begins to take off. Credit union membership grows. Credit unions and their membership continues to grow and prosper.
Public awareness continues to increase.
The Modernization Act is passed. This act provides for classes of shares, permanent membership in a credit union, enlarged field of membership and a provision for the Iowa League Corporate Central Credit Union. A bill for a separate regulatory agency also is proposed. The separate agency bill is passed. The regulatory agency is separated from the Department of Banking.