79R3235 MW-D

By:  Solomons                                                     H.R. No. 113



R E S O L U T I O N
	WHEREAS, Representing more than 600 credit unions, the Texas 
Credit Union League is the official state trade association serving 
credit unions in Texas, and its members are visiting the State 
Capitol today, February 8, 2005; and
	WHEREAS, The first state-chartered Texas credit union was 
founded in 1929 in Kingsville with 28 members, assets totaling 
$1,080, and loans of $823; today, with a membership that includes 
more than seven million Texans, Texas credit unions serve a broad 
range of sectors in the community, including branches of our 
country's military, churches, and federal, state, and municipal 
government employees such as teachers, police officers, and 
firefighters; and
	WHEREAS, Representing democratic values in economic matters, 
credit unions are governed by a volunteer board of directors who are 
elected by the membership and who work solely in behalf of that 
membership; and
	WHEREAS, Texas' not-for-profit credit unions are committed 
to responsible financial stewardship and customer satisfaction; 
they answer their members' growing financial service needs by 
offering checking, savings, IRA, and money market accounts, a 
variety of loan options, and the many modern conveniences necessary 
to handle financial matters in an expeditious manner; and
	WHEREAS, By helping Texans to better manage their household 
finances, credit unions are contributing to a brighter future for 
our state, and all those associated with Texas credit unions truly 
deserve special commendation for their significant contributions 
to the economy of the Lone Star State; now, therefore, be it
	RESOLVED, That the House of Representatives of the 79th Texas 
Legislature hereby recognize February 8, 2005, as Credit Union Day 
at the State Capitol and extend best wishes to the not-for-profit 
credit union members-owners visiting the Capitol today.