The League Board met Wednesday in Richmond with declared Democratic gubernatorial candidate Terry McAuliffe. During the meeting, McAuliffe noted that he’s a fan of the credit union system and is particularly interested in credit union member business lending as an engine of job creation.
“My No. 1 priority is economic development,” said McAuliffe. “We talk about family values, well I believe a job is a family value. It puts food on the table, helps us educate our kids, and strengthens our communities.”
He said he believes credit unions ought to have the authority to make more member business loans as a means of helping small businesses create jobs. McAuliffe fielded questions from League staff and Board members during a 30-minute exchange in which he discussed a variety of issues, including strengthening the credit union charter, tax reform, transportation and health care reform’s potential impact on small business and Virginia’s economy.
The League Board will consider endorsements in the 2013 statewide races and will reach out to both the Republican and Democratic candidates for those offices in the coming months to discuss their positions on issues of importance to the credit union system.