Minn. CUs Raise Money for U.S. Congressman Walz
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BYRON, Minn. – Minnesota credit union representatives met with U.S. Rep. Tim Walz (D-1st District) during a fundraiser May 11 at First Alliance Credit Union in Byron, Minn. Professionals and volunteers representing credit unions in Walz’s district – which covers the southern third of the state – attended this event coordinated by the Minnesota Credit Union Network (MnCUN) to help contribute to the congressman’s reelection campaign.
During the luncheon fundraiser, Walz spoke to the group about a variety of topics, including challenges currently facing credit unions. He focused on the regulatory compliance demands expected of financial institutions, agreeing that the growing list of rules and regulations can be burdensome.
Walz also addressed a slate of state and national issues, touching on the direction of the economy. He noted the important role small businesses can play in continuing economic improvement. A bill that is currently active in Congress involving member business lending (MBL) legislation has the potential to boost small businesses in the state by raising the cap on available credit.
“Congressman Walz has been a supporter of credit unions and their MBL legislation. This fundraiser provided us the opportunity to thank and support this congressman whose values align with the mission of credit unions,” said MnCUN Political Advocacy Director Ryan Smith. “As part of our political advocacy efforts, the Network believes in helping to keep credit union-friendly legislators like Congressman Walz in office.”
Walz represents Minnesota’s 1st Congressional District, which includes the communities of Worthington, Mankato, Albert Lea, Austin, Rochester and Winona. He is a member of the House Agriculture Committee, the Veteran’s Affairs Committee and the House Transportation and Infrastructure Committee.
The Minnesota Credit Union Network is an organization representing the state’s 139 not-for-profit cooperative credit unions serving more than 1.5 million member-owners in Minnesota. For more information, visit www.mncun.org.