Celebrations more News Printable version. Email this to a friend. R-W.Va., spoke to about 200 credit union employees and board members at the Marriott Friday during the 65th annual meeting of the West Virginia Credit Union League. Study after study has shown we offer the highest returns on certificates of deposit and other products, and we have lower costs and lower fees. We're No. 1 in consumer trust and satisfaction.
Credit unions are nonprofit cooperatives owned by the members.
They are not as heavily regulated and taxed as banks. The banks had bitter fights with credit unions in the courts and Congress during the last half-dozen years and lost. In response to surveys that show high school students across the country are lacking in financial knowledge, Mica said the credit union trade association has committed several million dollars to a high school financial education program. He urged those in attendance to get involved. He pointed out that Capito is a member of the House Banking and Financial Services Committee, which handles credit union-related legislation.