[Congressional Record Volume 160, Number 94 (Tuesday, June 17, 2014)]
[Extensions of Remarks]
[Page E995]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




   RECOGNIZING CONSTITUENT MICHAEL J. PARSONS, DEPARTING CHAIRMAN OF 
                       NAFCU'S BOARD OF DIRECTORS

                                  _____
                                 

                         HON. RICHARD L. HANNA

                              of new york

                    in the house of representatives

                         Tuesday, June 17, 2014

  Mr. HANNA. Mr. Speaker, I rise today to recognize Michael J. Parsons, 
President and CEO of First Source Federal Credit Union, in New 
Hartford, NY, as he completes his tenure as Chairman of the Board at 
the National Association of Federal Credit Unions (NAFCU). First 
elected to the Board in 2006, Mike has been a devoted and effective 
leader in the credit union industry. Having known Mike for many years, 
I have always been able to turn to him for his expert analysis with 
respect to any credit union issue being debated in Congress.
  Given the regulatory landscape facing the credit union industry in 
recent years, Mike's responsibilities as Chairman have been 
particularly daunting. Still, he has done an incredible job balancing 
his time as Chairman of the NAFCU Board and his responsibilities at 
First Source Federal Credit Union. Mike has over thirty-eight years' 
experience in the financial services industry, with 20 years at First 
Source Federal Credit Union, having served as President and CEO since 
1999.
  In addition to helping the credit union industry navigate the new 
Consumer Financial Protection Bureau, Mike has also been proactive in 
educating lawmakers in Congress, the National Credit Union 
Administration, and White House officials on a number of issues 
impacting credit unions including: regulatory relief, housing finance 
reform, and lending standards.
  In addition to his career accolades, Mike has gone above and beyond 
giving back to his local community as a trustee at Utica College, and a 
Board Member of Mohawk Valley Economic Development, and Utica 
Industrial Development Corporation.

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