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Illinois governor CUs critical to growth of middle class
CHICAGO (9/19/11)--Hailing credit unions as “the heart and soul of the middle class,” Illinois Gov. Pat Quinn addressed the National Association of State Credit Union Supervisors (NASCUS) State System Summit Friday in Chicago.
Click to view larger image Illinois Gov. Pat Quinn called credit unions “the heart and soul of the middle class” during his address at the National Association of State Credit Union Supervisors State Summit Friday in Chicago. (Photo provided by the National Association of State Credit Union Supervisors)
Credit unions are critical to the growth of the middle class, Quinn said. “Your gathering here today is special, given this economic time in our country and the need for jobs,” he added. The address was Quinn’s second visit to the NASCUS Summit. He addressed attendees in 2005 when he served as Illinois’ lieutenant governor. “It’s important to have a regulatory system that is proper and safe,” he told attendees. Brent Adams, secretary of the Illinois Department of Financial and Professional Regulation, Roxanne Nava, director of Illinois Financial Institutions; and National Credit Union Administration board member Michael Fryzel were on hand to greet Quinn. Representatives from the Illinois Credit Union League also were in attendance. Illinois has 285 state-chartered credit unions--the largest number of state-chartered credit unions in the nation.
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