​Monday, November 3, 2014

News Release: Indiana League names State Representative Gail Riecken 2014 Outstanding Hoosier Legislator

​Rep. Gail Riecken accepts her Outstanding Hoosier Legislator Award from Incoming Indiana League Chairman Doug True of FORUM CU. The Fishers-based credit union has an active prize-linked savings program.
INDIANAPOLIS – The Indiana Credit Union League has named State Representative Gail Riecken (D-Evansville) as Outstanding Hoosier Legislator for 2014. The award is given during the League’s annual convention to honor a legislator who has gone the extra mile to support credit unions and their 2.2 million members.
Since joining the Indiana House of Representatives in 2008, Gail Riecken has proven to be a strong credit union supporter. Throughout her time in the House, Rep. Riecken has been a key member of the House Financial Institutions Committee working on a wide range of issues impacting credit unions. In 2014, Rep. Riecken took the lead in initiating and passing legislation (HB 1235) that would allow credit unions to offer prize-linked savings (PLS) programs to their members. As a strong consumer advocate, Rep. Riecken recognized the potential of PLS programs for Indiana and offered to carry the legislation necessary to help these programs expand by ensuring that they would not run afoul of state gaming and lottery laws.
“We really appreciate Rep. Riecken’s willingness to champion credit unions in the Indiana General Assembly and her tremendous efforts this year to pass prize-linked savings legislation,” said League President John McKenzie. “She always works closely with us on financial services legislation to maximize the benefit or minimize the harm for credit unions,” added VP Governmental Affairs Chris Beaumont.
Rep. Riecken accepted her award at the Indiana Credit Union Political Action Committee Luncheon with more than 150 in attendance.