RICHMOND, Va. -- The Virginia CU League announced today it is endorsing Democratic former Gov. Tim Kaine in his bid for the U.S. Senate, one of the highest profile Senate races in the country.
“Gov. Kaine will be an effective partner and understands the difficulty of the legislative and regulatory environment. He is the best choice to help stimulate our economy and get our country back on track,” said Rick Pillow, president of the Virginia League, of Kaine, who is facing off against Republican George Allen, himself a former governor who held the Senate seat until 2006. Allen was defeated that year by Democrat Jim Webb, who has decided against running for a second term.
A third former Virginia Governor, Democrat Mark Warner, is currently serving the state's other Senate seat.
“I have great respect for credit unions and their ‘people helping people’ philosophy,” said Gov. Kaine in accepting the League’s endorsement. “The economy and the creation of jobs is the central focus of my campaign, and credit unions and other community-based financial institutions will help drive the economic recovery. Washington needs to ensure the nation’s ‘Main Street’ financial institutions can remain strong, innovative and vibrant for the good of working Americans and our communities.”
The Virginia League represents 184 credit unions with almost 3 million members.