Iowa's Governor Addresses Meeting

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Iowa Gov. Tom Vilsack addressed a group of nearly 100 credit union representatives atttending the Iowa Credit Union League's 2006 Legislative and Critical Issues Conference here.

In his remarks, Vilsack, who is considered by many to be a contender for the 2008 Republican presidential nomination, had praise for the role of credit unions. Also addressing the group was NCUA Chairman JoAnn Johnson, who is an Iowa native.

Johnson noted the agency's increased focus on "enhancing clarity" and collecting data that demonstrates credit union service to persons of modest means. "I have long believed that credit unions are meeting their mission of service," she said. "I am confident that the NCUA will utilize resources to collect and demonstrate service to persons of modest means in a way that is effective, and not burdensome for credit unions."

During the conference, attendees also learned about the Massachusetts Community Reinvestment Act from Mary Ann Clancy, senior VP-general counsel for the Massachusetts Credit Union League.

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