[Congressional Record Volume 142, Number 71 (Monday, May 20, 1996)]
[Extensions of Remarks]
[Page E843]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

[[Page E843]]


                POLISH-GEORGIAN CREDIT UNION PARTNERSHIP

                                 ______


                           HON. NEWT GINGRICH

                               of georgia

                    in the house of representatives

                          Monday, May 20, 1996

  Mr. GINGRICH. Mr. Speaker, I would like to take this opportunity to 
recognize and bring to my colleague's attention a movement that is 
currently underway in the nation of Poland. This action is designed to 
help bring about the creation and development of credit unions to 
benefit the citizens of Poland.
  I understand that the Georgia Credit Union Affiliates, in an 
unparalleled partnership with the Polish National Association of 
Cooperative Savings and Credit Unions, have entered into an agreement 
in which Georgia-based credit unions with provide assistance in the 
development and implementation of new credit union services and 
products for the benefit of Polish credit union members.
  It has long been understood that the benefits of credit unions help 
facilitate savings and investment, providing capital for new businesses 
and strengthening the economy. As we are all aware, savings and 
investments are the key to a country's long term well being, and I hope 
this new and unique partnership will lead to a strong economy for 
Poland and its citizens.
  I commend the efforts of the Polish people to build and strengthen 
their private financial institutions, efforts which I hope will 
continue for many generations to come.

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