Congressman Mark Souder meets with Indiana credit unions
August 30, 2006

This group from the Northeastern Chapter of Credit Unions attended the breakfast meeting on Aug. 28 in Fort Wayne. Sixteen area credit unions were represented by staff and officials. The congressman (center) is holding a copy of Indiana 24/7 a pictorial book that was signed by those in attendance and presented along with a bookmark commemorating the passage of H.R. 1151 of which the congressman was a cosponsor.

FORT WAYNE, Ind.---While he was home in his district during the August recess, Congressman Mark Souder (R-3) accepted an invitation from the Northeastern Chapter of Credit Unions to speak to credit union representatives from his district on Aug. 28. Also instrumental in organizing the meeting were leaders from Fire Police City County Federal Credit Union (Fort Wayne), including one of its supervisory committee members who serves on the Souder campaign finance committee. The breakfast meeting was also attended by representatives from the League.

League President John McKenzie opened the meeting, welcoming the congressman and thanking those from the chapter who made the meeting possible. “We appreciate Rep. Souder’s accessibility and his willingness to have this kind of in-depth discussion with credit union leaders. His support of credit unions benefits the 338,000 credit union members in the Third Congressional District.” McKenzie’s remarks included emphasizing how credit union members would benefit from legislative action that would provide credit unions with a risk-based capital approach and an increased member business lending cap.

Rep. Souder was a cosponsor of H.R. 1151, bankruptcy reform, the House version of the financial services regulatory relief bill that includes several provisions benefiting credit unions. During the meeting, McKenzie presented him with a copy of Indiana 24/7 a pictorial book that was signed by those in attendance along with a bookmark commemorating the passage of H.R. 1151.

The congressman spent more than an hour with the group, taking questions from the audience and discussing credit union issues along with local, national and world events. When the conversation turned to the financial services marketplace, he complimented credit unions’ commitment to personal service in a society that is becoming more global and impersonal every day. His admiration of credit unions’ contributions to their communities was apparent. He told the group, “Some say that credit unions don’t have local community investment requirements, but credit unions, by definition, are local community investment.”

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