Whereas, The vitality and stability of Michigan's economy is critical to continued business growth, expanded employment opportunities, and improved financial security for the people of this state; and,
Whereas, Credit unions were created as cooperative, not-for-profit financial institutions committed to the economic improvement of their membership; and,
Whereas, Credit unions today provide their 4.4 million Michigan members access to affordable, reliable financial services; and,
Whereas, Credit unions improve the financial literacy of their members and the community, following the credit union philosophy of "People Helping People"; and,
Whereas, During the week of October 14, 2007, credit unions throughout the nation will celebrate 82 years of providing competent financial services in a democratic, cooperative manner to the American people; and now therefore be it,
Resolved, That I, Jennifer M. Granholm, Governor of the State of Michigan, do hereby proclaim the week of October 14, 2007, as Credit Union Week in Michigan. I honor credit unions for building stronger communities through their Community Reinvestment Initiatives.