Legislative Update with Kenley

DakCU leaders met with SD's governor and lieutenant governor to discuss interchange, fraud prevention, and new consumer protection laws supporting credit unions and members.

Dakota Credit Union Association Meets with Governor Rhoden and Lt. Governor Venhuizen
Last week, representatives from the Dakota Credit Union Association met with Governor Larry Rhoden and Lt. Governor Tony Venhuizen to discuss key issues affecting South Dakota credit unions and the members they serve.

A primary focus of the meeting was the importance of interchange, or swipe, fees. These fees play a vital role in helping credit unions invest in fraud prevention, provide cardholder protections, and offer rewards programs and other valuable member benefits. Interchange also delivers significant value to retailers by providing guaranteed payment and secure transaction processing, creating a safer and more efficient payment system for businesses and consumers alike.

The discussion also included ongoing efforts to combat fraud and protect South Dakotans from financial exploitation. We expressed our appreciation to Governor Rhoden for signing two important pieces of legislation during the 2025 session:

• SB 98, which establishes protections related to cryptocurrency kiosks and helps combat scams targeting consumers.
• HB 1238, which creates trusted contact account provisions to better protect elderly and vulnerable individuals from financial exploitation.

​Both laws took effect on July 1 and represent meaningful steps toward strengthening consumer protection across South Dakota.

We appreciate Governor Rhoden and Lt. Governor Venhuizen taking the time to meet with us and discuss these important issues. Strong partnerships with state leaders help ensure credit unions can continue serving members while promoting financial security and consumer protection throughout our communities.
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​Fall Hike the Hill (Congressional Caucus) Now Open
Registration is now live for this year’s Fall Hike the Hill, held in conjunction with the America’s Credit Unions Congressional Caucus, September 13-16, 2026.

This is one of the most impactful advocacy opportunities of the year, providing a chance to engage directly with federal lawmakers on the issues that matter most to credit unions and our members.

Scholarship assistance may be available through DakCU’s Roger Heacock HTH Scholarship Program. Assistance varies each year and is based on the number of qualified applicants and funds available. Members interested in applying for financial assistance should complete the Roger Heacock Scholarship Application and return to me.

We also have a room block reserved at the Hampton Inn & Suites Washington DC Navy Yard. You must book your room(s) before August 15, 2026.

Please let us know if you’re planning to attend so we can keep track and ensure you receive updates. Additional event details can be found here.
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Registration Now Open: PAR for the PAC Golf Event
Registration is now open for the PAR for the PAC golf outing! Join us at Meadowbrook Golf Club in Rapid City for a great day of golf and advocacy.

The cost to participate is $200 per golfer, with 100% of proceeds going directly to the PAC. Every dollar raised will stay right here in South Dakota to support candidates who champion the credit union movement.

We also have sponsorship opportunities available. If you are interested in sponsoring, or know someone who may be, please reach out to me.

Don’t miss this opportunity to support advocacy efforts while enjoying a great day on the course!

Contributions to the PAC are voluntary and are not tax-deductible for federal income tax purposes. Contributions will be used for political purposes. You have the right to refuse to contribute without any reprisal.

Vote in the July 28th Governor Runoff
South Dakota voters, don’t miss your opportunity to make your voice heard in the upcoming gubernatorial runoff election on July 28. There are only a few days remaining to register to vote and be eligible to participate, so it’s important to act quickly if you haven’t already. Early voting is also available, allowing you to cast your ballot ahead of Election Day. Check with your local county auditor for early voting locations, dates, and hours. If you’re already registered, take a moment to confirm your status and make a plan to vote.
 
Stay Connected
For more information or to share your perspectives, feel free to contact me. ​​

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