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Love cites CUs fiscal responsibility in CU visit
BIRMINGHAM, Ala. (10/27/08)--Alabama State Rep. Jay Love, a candidate for the second congressional district of Alabama, praised credit unions' fiscal responsibility during a visit Thursday to a credit union in Alabama with former Massachusetts Gov. and presidential candidate Mitt Romney.
Five Star CU CEO Bob Steensma, left, and Second District congressional candidate Jay Love pose after a press conference at the Dothan, Ala. credit union.
Former Massachusetts Gov. and former presidential candidate Mitt Romney visits with Five Star CU Loan Officer Donna Loper. (Photos provided by the Alabama Credit Union League)
They visited Five Star CU, Dothan, Ala., and met with members and staff of the credit union before holding a press conference to discuss the economy and tax policy. Five Star CEO Bob Steensma opened the press conference by explaining credit unions' difference and told how that difference has allowed credit unions to remain sound in an economic crisis. Love held up credit unions as an example of fiscal responsibility, which he said is needed in Washington, D.C. "Your business model is one that is sustainable," Love said. "Credit unions and fiscal common sense--that is what we need. We need more small business leaders, people who have operating businesses and who understand what leads to economic prosperity for all Americans." He thanked credit unions for their support and told the crowd he appreciated that credit unions were one of the first groups to endorse him. "Credit unions absolutely must be at the forefront of the political process, making sure our voice is heard clearly during the election process," said Gary Wolter, president/CEO of the Alabama Credit Union League. "Events like this one are proof that committed advocacy work on behalf of credit unions has lasting, positive benefits for the credit union movement, both now and down the road," Wolter added.


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