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News Now

Washington
For Braley, CUs are a longtime choice
WASHINGTON (2/27/14)--U.S. Rep. Bruce Braley (D-Iowa) reminded the Credit Union National Association's 2014 Governmental Affairs Conference audience Wednesday that he supported credit unions before he was voted into office.
 
Braley showed the GAC audience a copy of the statement of organization he filed when he first ran for the office in. In the document, each candidate must declare a financial institution in which to deposit campaign funds. Braley's choice: A credit union.
 
"In one of my very first acts as a candidate for federal office, I stood with credit unions," he told the GAC audience. "I want you to know that wasn't some random act of a campaign staffer; it was a deliberate decision based on my values and my beliefs, and our shared beliefs and values."
 
Since he was elected, Braley has supported credit union legislation related to member business lending, supplemental capital and regulatory relief.
 
Braley reminded the audience that he serves 319,000 credit union members in his district, the most of any lawmaker in the House's Iowa delegation.  Overall, Iowa has more than 1 million credit union members.
 
He praised credit unions for their grassroots efforts. "What  I love about my credit union friends in Iowa is that when I get together with them, they bring their members," Braley said. "They get them engaged in public policy so they know that the things we do in Washington affect their lives, and that is something that my staff and I appreciate so much."
 
Braley said the ability of credit unions to bring people together and educate them to make informed financial decisions is especially important during a time when Washington is sharply divided along party lines.


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