(PRWEB) May 11, 2013
The Virginia Credit Union League, the state trade association for the 179 not-for-profit credit unions based in the commonwealth, has endorsed Del. John Cosgrove in his election bid for the Virginia Senate's 14th District.
With 14 years of service in the House of Delegates, representing the 78th District, the electronics engineer is seeking the seat of the retiring Harry Blevins, a fellow Republican.
"Del. Cosgrove has been a steadfast ally of credit unions and our members during his service in the House and as a member of the Commerce and Labor Committee, through which passes the vast majority of legislation affecting credit unions," says Virginia Credit Union League President Rick Pillow. "He has faithfully served the 21,300 credit union members residing in his House district, and we heartily endorse his campaign for the 14th Senate seat, knowing that he will continue his good work to serve Virginians and build communities that can look forward to a brighter, better future."
The Virginia General Assembly each year considers dozens of pieces of legislation that potentially impact the operations of member-owned credit unions or affect their ability to serve their members. The League lobbies lawmakers on behalf of credit unions, supporting legislation that benefits credit unions and their members, while opposing proposals that negatively affect operations and service.
"The Virginia Credit Union League recognizes the laws passed in Richmond and Washington affect the daily operations of our credit unions, which means those laws also affect the families that depend on us as their financial services partner," says Pillow. "That's why it's so important we return lawmakers like John Cosgrove to Richmond, where he can fight for working families by supporting credit unions."
The Virginia Credit Union League is the state trade association for the commonwealth's 179 credit unions, which boast 7.7 million members worldwide, including 3 million Virginians, and more than $93 billion in assets. For more information about the Virginia Credit Union League, visit http://www.vacul.org.