Credit unions in attendance at the NC Credit Union League’s 78th Annual Meeting approved a resolution calling for the US Congress to join with President Barack Obama to pass a comprehensive immigration reform law. The resolution, which was drafted and submitted by Self-Help Credit Union, was unanimously approved during the League’s business meeting held Tuesday morning in Pinehurst.
The resolution details the impact immigrants have on the NC economy, including an impressive $22.9 billion in consumer purchasing power, and the more than $10 billion in receipts generated by and 63,000 jobs provided at NC immigrant-owned businesses. The resolution also points out that NC credit unions, which offer affordable financial services to their member-owners, have been a leading service provider to immigrant populations through the years.
In the wake of the 2012 election, immigration reform has surfaced as a legislative priority in Washington, DC. The credit union resolution outlines a broad set of values to be included in any legislation that passes, including smart border security and a process for workers already in the US to obtain earned legal status. The credit unions also approved language calling upon immigration reform that respects national economic and security interests and fosters legal migration.
In approving the measure, the delegates also called on credit unions and credit union organizations elsewhere across the country to voice their support for immigration reform. To read the full text of the resolution, please click here.