LANSING, Mich. (2/4/14)--On Monday, the Michigan Credit Union League (MCUL) announced its endorsement of Gov. Rick Snyder in his bid for reelection and cited his support of credit unions and the credit union philosophy.
"As governor, Snyder has worked with Michigan's credit unions and other lenders to build a common-sense regulatory structure that allows credit unions to best serve Main Street businesses and members," said league CEO David Adams. "Gov. Snyder's continued leadership will enhance the economic revitalization of Michigan, and we strongly support his re-election."
Snyder, a Republican, was elected in 2010.
MCUL also noted Snyder's commitment to the role of local lenders and credit unions in strengthening the economy. He also has pushed back against unnecessary government regulations and policies that would further restrict access to credit for Michigan families and businesses, the league said, adding that these issues are critical for "Main Street credit unions" to continue to serve their members and communities.
The association's endorsement reflects the industry's broad view of Snyder's support on credit union issues that benefit the 4.6 million Michiganders served by credit unions with affordable and essential financial services, the league said.