"His presentation, his style, he came across as someone who wanted to genuinely relate to us. He spoke from the heart about the moral fabric of responsibility and accountability." Chip Coenen, vice president of business development and government affairs at $600 million Community First CU on President Bush's March 31 speech at a Appleton, Wis.-based rally. "Whereas even mutual savings banks have reduced the ownership interest of their members to what one court has called a `technical fiction,' true member ownership remains the essence of the credit union idea." CUNA President/CEO Dan Mica in a letter to FDIC Chairman Donald Powell explaining the credit union difference and tax-exempt status. "I think it's appropriate, anytime you can open up the process to more people to run for office, it's a good thing. We've opened up the process." Charles Halloran, campaign manager for Al Sharpton, presidential candidate, on the Louisiana Senate passing a bill that would allow those running for office to pay the qualifying fee with a credit union check or money order.
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