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LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
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ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Moore Capito has CU support in W.Va. primary
WASHINGTON (5/13/14)--Today's primary elections in West Virginia feature two candidates supported by the Credit Union National Association and the West Virginia Credit Union League (WVCUL).
 
Current Rep. Shelley Moore Capito (R-W.Va.) is running for the state's Senate seat, which is up for grabs in November due to the retirement of current Sen. Jay Rockefeller (D).
 
Capito has represented West Virginia's 2nd District since 2000, and serves as chair on the U.S. House Financial Services subcommittee on financial institutions and consumer credit. She is a well-known proponent of credit unions, and was one of several members of Congress who addressed the Credit Union National Association's Governmental Affairs Conference in February.
 
Her comments were captured by The Washington Post on March 3. "Credit unions need a great deal of regulatory flexibility to meet the needs of their members," she told the audience. "One-size-fits-all Washington regulations simply don't work."
 
WVCUL President Ken Watts praised Capito for her work on many important credit union issues.
 
"In her position as chairman of the Financial Services subcommittee on financial institutions and consumer credit, Rep. Capito has brought to the forefront any number of key credit union issues, such as regulatory relief and examination fairness," Watts told News Now.
 
"She has been keenly interested in hearing the credit union perspective on these matters and remains in close contact to ensure she has the most current information available to her," he added. "The league has maintained a close working relationship with her during her time in the House and look forward to a similar relationship in the Senate."
 
Two other Republicans will face off against Capito in today's primary. The Democrats also have three candidates in their own primary.
 
Capito's campaign for Senate leaves her 2nd District seat open, and CUNA has backed candidate Charlotte Lane, who is running against seven other candidates today for the nomination. Lane is a former commissioner of the U.S. International Trade Commission.
 
"We've met with Charlotte Lane and found her to be very interested in the important work credit unions do in their respective communities by providing affordable credit to members," Watts said. "She also expressed her support for maintaining the credit union tax exemption."
 


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