Virginia Credit Union League Endorses Sen. Mark Warner for Re-Election to Senate Seat

CONTACT:
David Miles
Senior Vice President / Chief Advocacy Officer
Virginia Credit Union League
800.768.3344, ext. 608
dmiles@vacul.org

Lewis Wood
Vice President, Public Relations & Communication
800.768.3344, ext. 629
lwood@vacul.org

The Virginia Credit Union League, the statewide trade association representing 116 not-for-profit credit unions and their 4 million member-owners residing in the Commonwealth, has endorsed Sen. Mark Warner in his re-election bid for the U.S. Senate.

“Sen. Warner is a friend and fan of member-owned credit unions, and we are proud to support his re-election to the U.S. Senate,” said Virginia Credit Union League President Rick Pillow. “He is a proven leader who has focused on bipartisan legislation to ensure Americans’ access to home loans, businesses’ access to credit and pandemic-relief loans, and important regulatory relief measures for community-based credit unions.”

The League's support of Sen. Warner dates back two decades to his successful run for Virginia governor in 2001. The League also endorsed Warner in 2008 and 2014, during his two successful U.S. Senate runs.

"Sen. Warner's leadership in addressing the pandemic and the most pressing economic and financial issues we face has earned him the respect of credit union leaders across the Commonwealth and the nation,” said Karen Orie, CEO of the Hampton Roads Educators’ Credit Union and a former chairman of the Virginia Credit Union League Board of Directors. “Credit unions appreciate Sen. Warner's willingness to seek out our feedback on financial services issues, his commonsense approach to regulation, and his recognition that credit unions provide critical and affordable financial services to 120 million Americans."

"We share Sen. Warner's vision for building a financial services system that works for America’s families and businesses,” said Alison DeTuncq, president/CEO of Charlottesville-based UVA Community Credit Union. “Credit unions have a critical role to play as the nation works through the current health and economic crises and we know that with his re-election Mark will continue to be an advocate for us and our members."

"Community-focused financial institutions, like credit unions, are important sources of credit for millions of consumers," said David Miles, senior vice president of the Richmond-based Virginia Credit Union League. "Sen. Warner understands that a diverse, vibrant financial services system is the best way to ensure our economy's post-pandemic recovery, and we appreciate his recognition of credit unions as responsible local lenders providing consumer-friendly products and services that help grow and strengthen local communities."

Virginia’s credit unions boast 14 million memberships, including 4 million in the Commonwealth, and hold $194 billion in total assets and $130 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 low-income areas.

The Virginia Credit Union League is the statewide trade association representing the 116 member-owned, not-for-profit credit unions headquartered in the Commonwealth. The League’s many services include regulatory, political and public advocacy; professional development; 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 a thriving credit union movement.