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SENATE RESOLUTION NO. 81

	WHEREAS, The Senate of the State of Texas is pleased to pay 
tribute to Texas credit unions and recognize February 8, 2005, as 
Credit Union Day at the State Capitol; and
	WHEREAS, In 1929, the first credit union was chartered in 
Kingsville with 28 members, and today, more than 600 credit 
unions operate in Texas with over seven million members; and
	WHEREAS, Credit unions serve communities of common 
interest, such as churches, branches of the military, and 
government employees and are organized as economic democracies; 
these not-for-profit institutions offer each member equal 
ownership and one vote, regardless of any disparity of assets; 
and
	WHEREAS, Texas credit unions provide services such as 
checking, savings, individual retirement, and money market 
accounts along with a variety of loan options to their members; 
they serve the needs of citizens in Texas from all walks of life; 
and
	WHEREAS, The Texas Senate is pleased to recognize Texas 
credit unions and commend them for outstanding financial 
stewardship, which benefits the economy of this state and its 
citizens; now, therefore, be it
	RESOLVED, That the Senate of the State of Texas,
79th Legislature, hereby recognize February 8, 2005, as
Credit Union Day at the State Capitol and extend a warm welcome
to the representatives of Texas credit unions who are visiting 
the State Capitol; and, be it further
	RESOLVED, That a copy of this Resolution be prepared as an 
expression of high regard from the Texas Senate.
                                                                         Averitt




________________________________ 
    President of the Senate
 
    I hereby certify that the 
above Resolution was adopted by 
the Senate on February 8, 2005.



________________________________ 
    Secretary of the Senate



________________________________ 
     Member, Texas Senate