BURNSVILLE, Minn. -Congressman Bill Luther, of Minnesota’s Sixth District, visited recently with nearly 50 credit union supporters at US Federal Credit Union. Luther spoke on myriad of issues, stressing the importance of credit unions in the financial realm. “I am a strong supporter of credit unions because they provide necessary competition between financial institutions,” Luther said. “With no competition in an industry, you run into monopolies and other problems.” Luther, who is currently serving his fourth term in the Sixth District, is in new territory for the 2002 election, running for the congressional seat in the Second District due to recent redistricting. First elected to the Minnesota Legislature in 1974, he entered the House of Representatives in 1994 and serves on the Energy & Commerce Committee. “Bill’s position on the Energy & Commerce Committee puts him in a position to educate and influence other members of Congress about credit unions,” said Kevin Chandler, Minnesota Credit Union Network President & CEO. “In me, credit unions have not only a friend, but somebody who is willing to stand up to interest groups when they come in and try to dominate a particular industry,” Luther said. “I have shown a willingness over my political career to look out for the individual. You can always count on me to stand up for competition, which is what credit unions provide in the financial setting.”

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.