Rep. Nunn praises credit unions for affordable adoption loans

Rep. Zach Nunn, R-Iowa, thanked credit unions on the House floor this week for the loans many provide to help families with adoption costs. Nunn—who said he and his wife had recently adopted their two foster daughters—made these remarks to commemorate November as National Adoption Month and in support of his legislation when discussion his legislation to help lower adoption costs.

“I also want to thank the credit unions in my home state of Iowa and around the country who are offering affordable loans specifically designed for adoption costs--such as a home study or legal fees--and are built around supporting families through the multi-year adoption process,” he said. “With credit union adoption loans, families are not burdened by excessive interest rates when pursuing an adoption.

“The bottom line is that Congress must do more to lower the cost of adoption because we have too many children without forever homes,” he added. “But until then, I'm heartened to see credit unions stand up and serve our communities in this important way.”