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News Now

CU System
Michigan meetings emphasize value of CUs
LANSING, Mich. (9/7/11)--The value of credit unions to their members was stressed by Michigan credit unions in recent meetings with staff from the office of U.S. Rep. Dave Camp (R-Mich.), one of two Michigan congressmen appointed to the congressional "super committee" charged with trimming the nation's budget. According to the Michigan Credit Union league, leaders from the Mid-Michigan chapter were involved in the meetings (Michigan Monitor Sept. 6). The first meeting occurred two weeks ago, when representatives from Frankenmuth CU participated in Camp's town hall meeting in Mount Pleasant, said the league. Also, credit union leaders from Dow Chemical Employees' CU, Wildfire CU and United Financial CU participated Aug. 30 in a discussion with Eric Friedman, district director of Camp's Midland office. MCUL government affairs staff joined the participants, who provided data indicating the value provided by credit unions to their members. The super committee of 12 has been charged with finding $1.2 trillion in savings from the federal budget within 100 days. The other Michigan representative on the committee is U.S. Rep. Fred Upton (R-Mich.).
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