WASHINGTON (2/27/13)--Rep. Denny Heck (D-Wash.), a former marketing director of Columbia CU, Vancouver, Wash., praised the efforts of credit unions to help people and businesses and promised to work for their interests as a new member of the on the House Financial Services Committee.
"Credit unions are about helping small businesses and helping people get what they want in life,'' Heck told the Tuesday crowd of more than 4,200 credit union officials at the Credit Union National Association's 2013 Governmental Affairs Conference held here through Tuesday.
Heck, a freshman lawmaker, thanked credit unions for the help they gave him in his campaign last year. CUNA and the Northwest Credit Union Association (NWCUA) supported Heck with a $10,000 maximum contribution from the Credit Union Legislative Action Council and organized events on his behalf.
CUNA's and the NWCUA's support was based not only on Heck's past employment at a credit union, but on his in-depth knowledge and stated support of credit unions and their issues, CUNA has said.
Heck praised credit unions for lending him money to launch several small businesses and said he would co-sponsor legislation, recently re-introduced in the U.S. House, to raise the cap on member business loans from 12.25% of assets to 27.5% of assets. He also said he learned a great deal about non-financial issues while a credit union employee.
"All I ever needed to know I learned at the teller window at Columbia Credit Union,'' he said.