WASHINGTON –Timothy L. Anderson, president and CEO of United States Senate FCU, conducted a sit-down interview with Oregon Senator Ron Wyden (D) to discuss the credit union business model, its mission of equalizing financial opportunity for all, and the advantages of nonprofit financial services.
The senator’s interview is part of USSFCU’s podcast – “USSFCU Spotlight”--which features discussions about credit union services, member experiences, and the credit union’s involvement in the communities it serves.
The conversation included discussion of Wyden’s relationship with credit unions, his personal experience with USSFCU, and his “passion” for helping America’s and Oregon’s small businesses.
“It’s a true honor to sit down with the senator, a true credit union advocate, and to share our passion for the movement,” said Anderson in a statement.
Wyden was first elected to the Senate in 1996 and chairs the powerful U.S. Senate Finance Committee and sits on the Energy and Natural Resources, Budget, and Intelligence Committees.
The ‘Common Theme’
“The common theme among credit unions is they all help people save money by providing more affordable financial products,” said Wyden, who said there are similarities between the credit union premise and his mission in office. “That’s what I’m trying to do, help people save money and that’s what credit unions do with their focus on providing more affordable financial products and services.”
The two men also discussed credit unions’ role in providing opportunity for America’s main street businesses. USSFCU noted Wyden has been a strong supporter of legislation that empowers credit unions to serve more of their local small business members.
“America is at its best when it gives everyone a chance to get ahead. And that’s what credit unions do,” Wyden said.
The podcast can be heard here.
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