Tidewater Chapter credit unions played host to local lawmakers last Thursday during its annual Legislative Night, with members of the Virginia General Assembly praising the good works of credit unions and thanking them for their service to Virginia's working families.
More than 60 people, including lawmakers, were on hand as the Chapter presented a check for $22,141 to Children's Hospital of the King's Daughters (CHKD), a Children's Miracle Network Hospital in Norfolk. The funds were raised through a Sept. 19 Chapter-sponsored golf tournament, and through the generous support of the Miracle Match Program through CO-OP Financial Services, which contributed $10,000 to the fundraising effort. Launched in 2008, CO-OP's Miracle Match Program is a $1 million philanthropic matching program that encourages credit unions, chapters and leagues to create and participate in local CMNH fundraisers.
CHKD representative Whitney Huston thanked credit unions and business partners who helped sponsor the tournament for their generosity, and highlighted the difference our donations make in helping the hospital treat children.
"Your efforts help ensure we never turn a child away," said Huston. "Your efforts also mean that thousands of kids have access to life-saving treatments, as well as enabling us to provide state-of-the-art medical equipment. You do make a difference."
"I'm always happy to be with the Virginia Credit Union League and this Chapter," said Sen. Kenny Alexander (D-5th) . "I know the 65,000 members in my district appreciate the programs and services of our local credit unions. What you do is vitally important to maintaining healthy communities here in Virginia, through the loans you provide, the financial literacy programs you provide and the savings products you offer."
Sen. Alexander also thanked credit unions for their support of local small businesses.
Del. Lionel Spruill Sr. (D-77th), a longtime member of Tidewater Telephone Employees Credit Union (which recently merged into BayPort Credit Union) made note of what he hears from constituents, who are finding credit unions are more willing to help individuals with loans than banks.
"You're doing something right," he noted, "because you've obviously gotten in the gut of the bankers. Continue doing the right thing, and remember the people out there that are struggling and in need of your services. I haven't forgotten what my credit union did for me. It allowed me to buy my house, purchase a car and put my kids through school. You were there for me."
One of the newest members of the General Assembly, Del. Daun Sessoms Hester (D-89th), proved to be a longtime fan and lifelong member of a credit union.
"Thank you, credit unions, for the service you provide in our communities," said Del. Hester. A lifelong member of the Norfolk Federal Credit Union, which for decades served Norfolk's school teachers and recently merged with ABNB Federal Credit Union, Del. Hester said she knows first-hand what a difference credit unions make in the lives of their members. Her parents, both Norfolk educators, were also longtime members of the credit union. Her children have continued that proud tradition of credit union membership. "We're in the 'family,' and we certainly appreciate the good work that you do."
She praised credit unions for their community service as well, noting the $22,141 donation raised by the Tidewater Chapter in support of CHKD.
Sheryl Moody Reddington, a legislative aide to Del. Johnny S. Joannou (D-79th), saluted credit unions for their work in the area of financial education, noting the importance of preparing the next generation of American consumers for an increasingly complex financial services marketplace.