The Virginia Credit Union League, the statewide trade association representing 164 not-for-profit credit unions and their 3.25 million member-owners, is endorsing Sen. Mark R. Warner in his re-election bid for the U.S. Senate.
“Senator Warner is a longtime advocate and friend of our member-owned credit unions. He is a proven leader with a vision for a stronger America and a commitment to result-oriented government that transcends partisan politics,” said Virginia Credit Union League President Rick Pillow. “We are proud to support his re-election to the U.S. Senate.”
“Mark Warner is a champion for reasonable, bipartisan financial solutions that benefit local communities, and Virginia’s credit unions are confident that he will continue the fight to move our economy and our nation forward,” said Gerald Hershey, president and CEO of DuPont Community Credit Union, based in Waynesboro.
The League’s support of Sen. Warner dates back more than a decade to his successful run for Virginia governor in 2001. The League endorsed Warner in 2008, when he was first elected to the U.S. Senate and is once again proud to endorse him in his re-election bid because of his continued work for Virginia credit unions.
“We know, too, that Senator Warner shares our belief that everyday people can make a difference in their communities and our nation,” said Pillow. “Democratically controlled, member-owned credit unions are a shining example of that belief, empowering families to chart their own course to secure financial futures.”
“Credit unions serve as a vital economic lifeline for millions of Virginians across the Commonwealth, and I am honored to once again receive the endorsement of the Virginia Credit Union League,” said U.S. Sen. Mark Warner. “I have worked both in the Senate and Governor’s office to advance policies that reform financial regulations to enhance economic stability for small businesses and local communities. I look forward to continuing to advocate for our smaller financial institutions in the Senate.”
Virginia’s credit unions boast 3.25 million memberships and hold $103 billion in total assets, along with $71.6 billion in loans. Credit unions serve members of the armed forces, educators, state and federal government employees, churches, and thousands of businesses and organizations. Some are also chartered to serve specific geographic areas across the Commonwealth, including many lower-income areas.
The Virginia Credit Union League is the statewide trade association representing the 164 member-owned, not-for-profit credit unions headquartered in the Commonwealth. The League’s many services include regulatory and political advocacy, education and training for credit union staff and volunteer officials, and a wide range of informational and operational resources. Organized in 1934, with offices in Richmond and Lynchburg, the League is the voice of Virginia’s credit unions and works to ensure the fulfillment of our affiliates’ vision for a thriving credit union movement.