[Congressional Record Volume 147, Number 26 (Thursday, March 1, 2001)]
[Extensions of Remarks]
[Page E258]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         HONORING CARROLL BEACH

                                 ______
                                 

                            HON. MARK UDALL

                              of colorado

                    in the house of representatives

                        Thursday, March 1, 2001

  Mr. UDALL of Colorado. Mr. Speaker, I salute my friend Carroll Beach, 
President of the Colorado and Wyoming Credit Union Leagues, on 
receiving the 2001 Herb Wegner Memorial Award for Lifetime Achievement 
from the National Credit Union Foundation, the philanthropic arm of the 
Credit Union National Association.
  I feel that Credit Unions exemplify the great American ethic of 
pulling together with our neighbors to accomplish worthy goals that we 
could not hope to achieve individually. Credit unions help to foster a 
much-needed sense of community. They are member-owned cooperatives, 
where members typically receive their dividends in the form of more 
favorable interest rates and lower fees.
  Since Carroll assumed control of Colorado's credit unions in 1973, 
the Colorado Credit Union system has grown from a handful of employees 
to 180 employees serving 1.4 million members. Nearly one out of three 
adults in Colorado belongs to a credit union. Credit union membership 
in Colorado has risen from 350,000 to 1.4 million under Carroll's 
leadership.
  Over the last three decades, Carroll has worked to improve access to 
credit unions, striving towards his stated goal of seeing a day when 
every American can access a credit union and own the financial 
institution that serves them. I commend Mr. Beach on his innovative and 
creative leadership of the Colorado and Wyoming Credit Union Leagues, 
and congratulate him on receiving this much-deserved honor.

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