Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
CU-supported candidate in Minn. Republican primary today
WASHINGTON (8/12/14)--Today's primary elections in Minnesota features credit union-backed candidate, Tom Emmer, for the state's open 6th Congressional District.

Emmer, a Republican former state representative and gubernatorial candidate in 2010, is running to for the seat currently held by Rep. Michele Bachmann, who announced she will not seek re-election in November.

Emmer is known to have supported credit unions during his time in the state's legislature, garnering him the support of the Minnesota Credit Union Network (MnCUN), as well as the Credit Union Legislative Action Council (CULAC), which provided the maximum $5,000 donation.

"During his tenure in the State Legislature, Rep. Emmer consistently demonstrated his support for credit unions' continued ability to serve their members," said Mara Humphrey, MnCUN vice president of governmental affairs. "He has vowed to continue that support of credit unions in the 6th District and across the country if elected. Credit unions have a champion in Tom Emmer."

Emmer has pledged to "work for a fair marketplace so credit unions can continue to grow" if elected.

Minnesota's 6th Congressional District Republican primary will feature Emmer facing off against Rhonda Savarajah, a past candidate for lieutenant governor.

Credit union-supported Congressional candidate Mark Takai emerged victorious from Saturday's primary election in Hawaii. Takai, a Democratic candidate for the state's 1st Congressional District, was the top vote-getter in a seven-person race, defeating his closest challenger Donna Kim with 42.6% of the vote to Kim's 27.2%. No other candidate received more than 10%.

Takai is a current state representative, where he has served since 1994. He is also a member of the state's Army National Guard and deployed to Kuwait from February to September 2009.

According to a questionnaire filled out for the Hawaii Credit Union League (HCUL), Takai is a member of Hawaii State FCU, with $1.3 billion in assets, and he answered yes when asked if he believed credit unions serve the public good.

"Any tax benefit received by nonprofit organizations is passed on to its members, for credit unions that means lower to no fees and higher returns," Takai wrote. "Any decrease or removal of the tax exemptions of nonprofit organizations would be harmful to consumers."

The HCUL and CULAC have supported Takai in his election bid, with the maximum $5,000 donation from CULAC. Hawaii's 1st Congressional District is heavily Democratic, and Takai is expected to prevail in November's election.

He will face former Republican Rep. Charles Djou, who was elected in a special election in 2010 to become the district's first Republican congressman in more than 20 years. The two are competing for the seat currently held by Rep. Colleen Hanabusa (D), who is seeking a U.S. Senate seat in November.


RSS





print
News Now LiveWire
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
1 hours ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
3 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
4 hours ago
Data breach fatigue? No wonder: 45% of Americans said they had received breach notification from retailer/card-issuer http://t.co/gRIuZanUNQ
5 hours ago
Season's greetings from playlists to cookies #NewsNow http://t.co/5gu8nrCoyL
6 hours ago