[Congressional Record Volume 155, Number 20 (Monday, February 2, 2009)]
[Extensions of Remarks]
[Pages E176-E177]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




         HONORING THE KENSINGTON VALLEY COMMUNITY CREDIT UNION

                                 ______
                                 

                       HON. THADDEUS G. McCOTTER

                              of michigan

                    in the house of representatives

                        Monday, February 2, 2009

  Mr. McCOTTER. Madam Speaker, today I rise to honor and acknowledge 
the Kensington Valley Community Credit Union, a financial institution 
based in Highland, Michigan, upon the 50th anniversary of the Credit 
Union's establishment.
  Founded on January 29, 1959 as the Huron Valley Schools Employees 
Credit Union, the Kensington Valley Community Credit Union has grown 
substantially since its first 200 members. Originally a small, member-
run institution, the Credit Union expanded its membership opportunities 
in 1985 to school district retirees, parents of students in the school 
district, credit union employees, and immediate family members. In 1996 
the Credit Union further expanded its services to add students in the 
school district, family members, and persons age 55 receiving 
retirement benefits. Importantly, as a service to its community, from 
1995 to 1999 the Credit Union operated the first student run elementary 
savers club program at all eleven elementary schools within the Huron 
Valley School district.
  The Kensington Valley Community Credit Union has become a landmark in 
the community it serves by providing important financial services to 
its members. On February 16, 2000, with 4,500 members, over $16 million 
in assets, and 12 employees, the Credit Union moved into an expanded 
facility on the same property it originally purchased 20 years ago.
  Madam Speaker, the Kensington Valley Community Credit Union has had a 
long and distinguished history in the Detroit area community. I ask my 
colleagues to join me in congratulating the Kensington Valley Community 
Credit Union on its 50th anniversary and honoring the institution's 
devoted service to the community and our country.
    

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