WASHINGTON (3/3/14)--Credit unions have a fundamental role in economic empowerment, said House Financial Services Committee member Gwen Moore (D-Wis.) during the Global Women's Leadership Network breakfast last week during the Credit Union National Association's 2014 Governmental Affairs Conference.
U.S. Rep. Gwen Moore (D-Wis.) spoke about women's economic struggles during her speech to the Global Women's Leadership Network meeting during CUNA's 2014 Governmental Affairs Conference. (World Council of Credit Unions photo)
Moore, who spoke to representatives from 21 states, commended credit unions for their service to low-income communities and women, in particular.
Her ties to credit unions come from being a victim herself of predatory lenders and her volunteer activities, she said. As a member of Volunteers in Service to America, Moore helped organize Cream City Community Development CU in Milwaukee in the early 1980s.
These reflections were a highlight of the program, said Pat Wesenberg, president/CEO, Central City CU, Marshfield, Wis., and former board chair, CUNA. Wesenberg said she appreciated hearing how important Moore's credit union was in providing financial products and services to help her through very difficult times.
The Global Women's Leadership Network is a World Council of Credit Unions program to advance women in credit union leadership.
"We have had success in increasing the women membership in credit unions around the world," said Brian Branch, World Council president/CEO, adding that the network's next initiative is increasing the participation of women in credit union management and board leadership.