Rep. G.K. Butterfield (D-N.C.) announced Thursday he will not seek a tenth term in 2022. Butterfield has represented North Carolina’s 1st Congressional District since 2004 and has been supported by credit unions since his initial primary election.
“Rep. Butterfield strongly supported credit union efforts to get much needed capital to members and businesses hit hard by the pandemic, and he’s been a champion for credit unions during his tenure in Congress,” said CUNA President/CEO Jim Nussle. “We congratulate Rep. Butterfield on his retirement and send our best wishes to him and his family.”
Butterfield was one of several members of Congress who praised credit union efforts to support small businesses during the onset of the COVID-19 pandemic and supported the $60 billion set aside for community-based financial institutions in the second round of the Paycheck Protection Program.
"We have appreciated the opportunity to work with Congressman Butterfield since he was first elected to Congress," said Dan Schline, president/CEO of the Carolinas Credit Union League. "He demonstrated an unwavering commitment to helping communities across eastern North Carolina, including consistently supporting the efforts of credit unions to deliver affordable financial service to those communities most in need."
Credit Union Magazine’s Fall 2022 issue highlights credit unions’ role in cryptocurrency, the state of digital assets, cannabis banking compliance, the human side of technology implementation, and involving the board in financial discussions.
