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Credit Union Trade Group Endorses Del. Beverly Sherwood in Re-Election Bid

May 7, 2013 by Lewis Wood

The Virginia Credit Union League, the state trade association for the 179 not-for-profit credit unions based in the commonwealth, has endorsed Del. Beverly Sherwood in her re-election bid for the Virginia House of Delegates' 29th District.

The Virginia Credit Union League, the state trade association for the 179 not-for-profit credit unions based in the commonwealth, has endorsed Del. Beverly Sherwood in her re-election bid for the Virginia House of Delegates' 29th District.

A 20-year veteran of the state legislature, the Republican and longtime farmer currently chairs the House's Agriculture, Chesapeake and Natural Resources Committee.

"Like credit unions, Del. Bev Sherwood is a tireless champion in service to Virginia's hardworking families," says Virginia Credit Union League President Rick Pillow. "On behalf of the 8,100 credit union members residing in her district, we heartily endorse Del. Sherwood's campaign because credit unions believe in individuals who practice the same 'People Helping People' philosophy on which our movement was built."

The Virginia General Assembly each year considers dozens of pieces of legislation that potentially impact the operations of member-owned credit unions or affect their ability to serve their members. The League lobbies lawmakers on behalf of credit unions, supporting legislation that benefits credit unions and their members, while opposing proposals that negatively affect operations and service.

"The Virginia Credit Union League recognizes the laws passed in Richmond and Washington affect the daily operations of our credit unions, which means those laws also affect the families that depend on us as their financial services partner," says Pillow. "That's why it's so important we return lawmakers like Del. Sherwood to Richmond, where she can fight for working families by supporting credit unions."

The Virginia Credit Union League is the state trade association for the commonwealth's 179 credit unions, which boast 7.7 million members worldwide, including 3 million Virginians, and more than $93 billion in assets. For more information about the Virginia Credit Union League, visit www.vacul.org.

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