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News Now

CU System
Minn. lawmakers CUs are bedrocks of community
ST. PAUL, Minn. (1/30/09)--Amid national economic troubles and a dismal state budget forecast, lawmakers called credit unions are the “bedrocks” of their communities at the Minnesota Credit Union Network’s (MnCUN) Credit Union Day at the Capitol Tuesday.
Minnesota State House Speaker Margaret Anderson Kelliher (D-Minneapolis) said at the Minnesota Credit Union Network’s Credit Union Day at the Capitol Tuesday. (Photo provided by the Minnesota Credit Union Network)
Minnesota State House Speaker Margaret Anderson Kelliher (D-Minneapolis) and Senate Minority Leader David Senjem (R-Rochester) both praised credit unions for their member service. “Despite life’s circumstances, you know your credit union will always be there for you and that’s what separates us from the banking industry--we’re all about people,” he said. During a discussion about the state’s dire budget forecast, Senjem said, “Over my dead body, we aren’t going to tax credit unions.” Senjem and Kelliher encouraged credit unions and their members to tell legislators if they have any ideas to solve the deficit. This year’s Credit Union Day drew 160 credit union volunteers and professionals who shared the credit union difference with elected officials. The event was themed, “Safe. Sound. Secure.” “Each year, Credit Union Day at the Capitol serves as the unofficial launch for credit union involvement in the legislative session,” said Mark Cummins, MnCUN president/CEO. “This year, more than ever, it will be imperative for credit unions to develop and build upon their relationships with legislators. “Through these connections, we will be able to ensure that elected officials know that credit unions are part of the solution--not the cause--of this recession,” he added.


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