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Minn. officials point out CUs importance at event
ST. PAUL, Minn. (2/8/11)--Praising credit unions for being part of the economic solution, Minnesota officials acknowledged Thursday the movement's efforts to help consumers during speeches at the Minnesota Credit Union Network's (MnCUN) Credit Union Day at the Capitol.
Minnesota Department of Commerce Commissioner Mike Rothman and other elected officials commended credit unions Thursday for their positive impact on the state's economy during the Minnesota Credit Union Network's Credit Union Day at the Capitol. (Photo provided by the Minnesota Credit Union Network)
The event welcomed more than 150 credit union professionals and volunteers, and reminded veteran and freshmen elected officials that Minnesota credit unions are local and trusted financial institutions. The day focused on establishing relationships with the state's 60 newly elected officials and nurturing connections with the legislature's new Republican majority Among those providing political insight were Minnesota Speaker of the House Kurt Zellers (R-Maple Grove), House Commerce and Regulatory Reform Committee Chair Joe Hoppe (R-Chaska) and freshman Sen. Theodore J. Daley (R-Eagan). They commended the movement for its efforts to help small businesses and community members during the recession. Keynote speaker and Minnesota Department of Commerce Commissioner Mike Rothman, who recently was appointed to the position, outlined the department's priorities and stressed credit unions' role in helping the agency meet these initiatives. "Credit unions are critical to the economy," Rothman said. "Your success is the success of our families, small businesses and the local economy. Zellers applauded credit unions for the financial assistance they provide to their members. "Your work with small businesses and consumers helps them to make good financial decisions," he said. This assistance forms a solid fiscal foundation that leads to the development of innovative products that move the state forward, Zellers said. Hoppe acknowledgedcredit unions' contribution to the economy and encouraged them to remain engaged in the political process. He complimented the political effectiveness of MnCUN's governmental affairs staff and the Credit Union Day attendees, saying, "you are the best lobbyists you have." Throughout the day, credit unions met with elected officials to discuss how they help Minnesota consumers improve their financial health and well-being. "Today's legislators are looking to community leaders to do their part to help improve the state's economy," said MnCUN President/CEO Mark D. Cummins. "Credit Union Day at the Capitol gave our credit unions the opportunity to share with legislators how they are using innovative products and services to meet their members' needs and help move the state forward." The event also provided sessions that discussed 2011 legislative priorities, advocacy basics and how to effectively community with legislators.


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