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Credit Union Week

Whereas, The vitality and stability of Michigan's economy is critical to business growth, expanding employment opportunities, and improving financial security for the people of this state; and,

Whereas, Credit unions were created as cooperative, not-for-profit financial institutions committed to the economic improvement of its membership; and,

Whereas, Credit unions today provide approximately 4.4 million Michigan members access to affordable and reliable financial services; and,

Whereas, Credit unions improve the financial literacy of its members and the community by following the credit union philosophy of "People Helping People"; and,

Whereas, During the week of October 11, 2009, credit unions throughout the nation will celebrate 84 years of providing competent financial services in a democratic, cooperative manner to the American people;

Now, Therefore, be it Resolved, That I, Jennifer M. Granholm, governor of the state of Michigan, do hereby proclaim the week of October 11, 2009, Credit Union Week in Michigan.  I encourage the people of the state of Michigan to recognize credit unions for building stronger communities through its Community Reinvestment Initiatives.

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