When Rep. Tim Scott (R-S.C.) was a board member at Heritage Trust FCU, he and his colleagues were focused on expanding the reach of the credit union and seeing how it could best serve its members.
These days, as a freshman member of the U.S House of Representatives, Scott has a broader frame of reference. Yet the philosophy he learned as a credit union member and volunteer guides much of his thinking.
"The idea of offering a hand, not a handout, which is the essence of the credit union philosophy, is important to me. When I got my first car loan from a credit union, they didn't just give me the money, they sat me down and taught me about the importance of being responsible with my finances," he said in an interview in his Capitol Hill office.
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