Alaska Credit Union League supports the Veterans Member Business Loan Act
ANCHORAGE, AK (November 18, 2019) — The Alaska Credit Union League (ACUL) is in strong support of the newly introduced Veterans Members Business Loan Act, S.2834. The league appreciates the support and leadership of our own Sen. Dan Sullivan and that of his co-leader Sen. Mazie Hirono.
“Our veterans have sacrificed so much to serve our country and it is important that they are afforded every opportunity to succeed after leaving the military,” Sen. Sullivan said. “Service members develop broad expertise across numerous areas while in the military, learning skills that can provide tremendous value to the economy. This bill eliminates common barriers of entry for veteran entrepreneurs to ensure they have access to the capital and resources they need to establish businesses and succeed in their ventures.”
“Alaskan credit unions have a long history of serving Alaska veterans, service members and their families. It is an honor to work with the credit unions and Sen. Sullivan to build upon that long history by increasing access to member business loans for veterans,” said ACUL governmental affairs chair, Chad Bostick. “Many thanks to the hard work by Sen. Sullivan and his team. The Alaska Credit Union League is very pleased to see this moving forward and we look forward to working with Sen. Sullivan and his team on the next steps with this bill.”
“A recognition of the credit union difference, this bipartisan bill will make it easier for America’s veterans to access credit and invest in their future and their communities,” said CUNA President/CEO Jim Nussle. “We thank Senators Sullivan and Hirono for their leadership on this issue and look forward to engaging with lawmakers to advance this legislation and aid credit unions in their efforts to uplift the financial prosperity of veterans who have given so much in the service of our country.”
About Alaska Credit Union League
The Alaska Credit Union League is comprised of 11 credit unions throughout the state: Alaska District Engineers Federal Credit Union, Alaska USA Federal Credit Union, ALPS Federal Credit Union, Credit Union 1, Denali a Division of Nuvision Credit Union, MAC Federal Credit Union, Matanuska Valley Federal Credit Union, Northern Skies Federal Credit Union, Spirit of Alaska Federal Credit Union, Tongass Federal Credit Union, and True North Federal Credit Union. Learn more at alaskacreditunions.org.