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OK Lawmakers Newberry, Fallin Welcome CUs at Annual Meeting
Wednesday, April 6, 2016 7:00 AM

During the opening general session of the 2016 Annual Meeting and Expo yesterday, State Senator Dan Newberry and Governor Mary Fallin welcomed Cornerstone credit unions to Oklahoma City.

Sen. Newberry said it’s an exciting time to be a part of credit unions and emphasized that he believes strongly in advocacy. "We don’t win any of the football games when we don’t show up to play," he said. "Either you are part of the solution or you are part of the problem."

Newberry (District 37) was elected to the State Senate in November 2008 and served in the Republican leadership as chairman of the Business and Commerce Committee. He also serves as a ranking member of four additional standing committees: Appropriations, Appropriations Subcommittee on Select Agencies, Pensions, and Transportation; and he has served as a Senate Majority Whip.

He believes in credit unions, he said, not because of his history, but because he believes the credit union industry is the solution to the problem facing financial services. "It's a mission that says we care about the member, not the bottom line."

About regulatory burdens, Newberry noted, "We know full well what the burden of regulation does to business. We stand at the crossroads of history in America. We’ve seen what big regulatory agencies can do."

Gov. Fallin told the crowd she'd been a credit union member for almost 40 years. Credit unions are a "good deal," she said. They had been an important part of her family and an important part of Oklahoma. "You have good people that not only run a good business, but you’re also active in your communities," she said. "We appreciate that."