Whereas, The vitality and stability of Michigan’s economy is important to ensure 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, The Credit Union continues to provide its 4.3 million Michigan members access to affordable, reliable financial services; and,

Whereas, Credit Unions continue to 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 12, 2003, credit unions throughout the nation will be celebrating 78 years of providing competent financial services in a democratic, cooperative manner to citizens of both our Great Lakes State, and our nation; and now therefore be it,

Resolved, That I, Jennifer M. Granholm, Governor of the State of Michigan, do hereby proclaim the week of October 12, 2003, as Credit Union Week in Michigan.