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News Now

Washington
Kirkpatrick calls CUs 'cornerstone of economic development'
WASHINGTON (2/26/14)--Calling credit unions "the cornerstone of economic development,"  Rep. Ann Kirkpatrick (D-Ariz.) offered her support for preserving the credit union tax status during a Credit Union National Association 2014 Governmental Affairs Conference speech Tuesday.

Click to view larger image Rep. Ann Kirkpatrick (D-Ariz.) praises credit unions for returning profits back to their members in the form better rates on products and services.  "That is real money to real working folks," she told Tuesday's audience at the CUNA 2014 Governmental Affairs Conference. (CUNA Photo)
She was described as "a true friend of credit unions" by Scott Earl, president/CEO of the Mountain West Credit Union Association, who introduced Kirkpatrick. She serves a rural district of 60,000 square miles in eastern Arizona, an area larger than Pennsylvania or Illinois. About 25% of the district's residents are Native American, the largest percentage of any U.S. congressional district, Kirkpatrick said.

"Life is a real struggle in my area, and always has been," Kirkpatrick said. "My work is dedicated toward creating an environment in which we have a strong, stable, diversified economy, and credit unions are key players in that vision by providing service in the district."

Kirkpatrick praised credit unions for returning profits back to their members in the form better rates on products and services. "That is real money to real working folks who are struggling to put gas in their pick-up trucks, food on their tables and buy clothing for their children," she said.

During their meetings with lawmakers credit unions should provide examples of how those rates make a difference in the communities they serve, Kirkpatrick advised. "Make sure to tell the stories of the people that you serve," she said.


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