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SCMS Donates HR1151 Flag to Ensweiler Library in Honor Landmark Bill's 20th Anniversary
Thursday, July 19, 2018 6:45 AM

flag certificate
Credit union trailblazer and former Cornerstone Credit Union League President/CEO Dick Ensweiler receives the HR1151 Flag and certificate from Southwest CUNA Management School to place in its new place of honor at America's Credit Union Museum, Richard L. "Dick" Ensweiler Library.

Part of the graduation ceremony for the Southwest CUNA Management School Class of 2018 was recognition of the "HR1151 Flag," which has been a revered fixture at the SCMS campus. This flag represents the landmark legislative victory that credit unions fought long and hard for, and which was signed into law in 1998.

Before its passage, thousands of credit union supporters descended upon Capitol Hill to urge Congress to pass HR1151, the Credit Union Membership Access Act, in what is considered a textbook case of grassroots political action. HR1151 authorized multiple-group chartering for federal credit unions and gave 63 million working Americans—many of them working for small businesses—the ability to save and borrow at a credit union. The bill was signed into law by President Bill Clinton on Aug. 7, 1998. But, most notably, by enacting HR 1151, Congress overturned the Supreme Court decision.

The HR1151 Flag flew over the U.S. Capitol and was later relocated to the Southwest CUNA Management School's TCU campus near Fort Worth. Each year, the HR1151 Flag and accompanying certificate have been passed down from SCMS class to class. But on this 20th anniversary of the bill's passage, SCMS is donating the flag to its rightful resting place of honor at America's Credit Union Museum in Manchester, N.H.

Fittingly, the flag will reside in the museum's Richard L. "Dick" Ensweiler Research Library, named after former Cornerstone Credit Union President/CEO Dick Ensweiler, one of the most influential figures in the credit union movement. The library is the exclusive physical and digital repository of U.S. credit union documents and artifacts that have recorded the growth, success, and impact of credit unions on the financial prosperity of everyday Americans over the last 100 years.

During the graduation ceremony of the Class of 2018, the HR1151 Flag was presented to Dick and Judy Ensweiler who will see that the flag is secured in its final home.

About America’s Credit Union Museum
America’s Credit Union Museum and CUNA Research Center are housed in the building where the country’s first credit union was started in Manchester, N.H. The museum offers a one-of-a-kind interactive experience that tangibly illustrates the roots of the credit union movement and the important role credit unions continue to play now and in the future.