INDIANAPOLIS – Mike Pence, selected by Donald Trump to be his running mate as vice president on the Republican ticket for the White House, has been supportive of credit unions during his time as the state’s governor, according to the Indiana CU League.
The ICUL issued a statement saying Pence’s “longstanding positive relationship with credit unions is important to note.”
“We congratulate Governor Pence on his nomination,” said Indiana League President John McKenzie. “He has had a strong relationship with Indiana’s credit unions during his six terms in Congress and in the Governor’s office.”
According to the league, while in Congress and in the Governor’s office Pence met with credit union groups many times in both Washington, D.C., and in Indianapolis, and he has spoken at several events sponsored by the league, including the annual Convention in 2013 and the Legislative Affairs Forum numerous times, as recently as 2015.
The league and Indiana credit unions have also hosted campaign events in support of his election. As governor, he signed a prize-linked savings bill into law, resulting in the Save to Win product becoming available to Hoosiers. Credit union members in Indiana have already saved more than $1.6 million through Save to Win which launched in April 2016.
Earlier this summer, the league said Pence appointed the first-ever representative from a credit union to the Indiana Board for Depositories. Among other responsibilities, the board is tasked with approving financial institutions to be public funds depositories, collecting and monitoring information related to the level of public funds on deposit in the state as well as monitoring the financial strength of approved financial institutions.
Below, Gov. Mike Pence spoke at the League’s 2015 Legislative Affairs Forum. From left: CUNA Board Member/League Board Member/INOVA FCU CEO Dallas Bergl; Gov. Pence; League Director/ FORUM CU CEO Doug True; Indiana Board for Depositories member/Hoosier Hills CU President/CEO George McNichols, who is a member of the League’s Governmental Affairs Committee; Indiana League President John McKenzie.
