Press

VP candidate Mike Pence has good relationship with credit unions

INDIANAPOLIS, IN (July 18, 2016) — As his position on the presidential ticket allows more Americans to get to know Indiana Governor Mike Pence, his longstanding positive relationship with credit unions is important to note.

“We congratulate Governor Pence on his nomination,” said Indiana League President John McKenzie. “He has had a strong relationship with Indiana’s credit unions during his six terms in Congress and in the Governor’s office.”

While in Congress and in the Governor’s office, he met with credit union groups many times in both Washington, D.C. and in Indiana, and he has spoken at several events sponsored by the League, including the annual Convention in 2013 and the Legislative Affairs Forum numerous times, as recently as 2015. The League and Indiana credit unions have also hosted campaign events in support of his election. As Governor, he signed a prize-linked savings bill into law, resulting in the Save to Win product becoming available to Hoosiers. Credit union members in Indiana have already saved more than $1.6 million through Save to Win which launched in April 2016.

Earlier this summer, Governor Pence appointed the first-ever representative from a credit union to the Indiana Board for Depositories. Among other responsibilities, the board is tasked with approving financial institutions to be public funds depositories, collecting and monitoring information related to the level of public funds on deposit in the state as well as monitoring the financial strength of approved financial institutions.

Photo Caption – Gov. Mike Pence spoke at the League’s 2015 Legislative Affairs Forum. From left: CUNA Board Member/League Board Member/INOVA FCU CEO Dallas Bergl; Gov. Pence; League Director/ FORUM CU CEO Doug True; Indiana Board for Depositories member/Hoosier Hills CU President/CEO George McNichols who is a member of the League’s Governmental Affairs Committee; Indiana League President John McKenzie.

About Indiana Credit Union League

The Indiana Credit Union League is the statewide trade association for credit unions in Indiana. Those credit unions serve more than 2.8 million Hoosiers.