Public Comments for: HB1205 - Public deposits; credit unions.
Last Name: Moran Locality: Manassas

I'm not sure which bill I'm commenting on entirely. All I know for sure is I'm a type 1 diabetic of 30 years. And our government seems to care very little about my health or the insane costs of the medication that I absolutely have to have to live. Or getting the care I need. Which has been expensive, and has kept me struggling to survive pay rent or see the many doctors I need to see. I am ready to share my story. About my lows where I wake up in the hospital then wind up with an $8000 hospital bill as well as a $4000 bill for a 10 minute ambulance ride. Or about my highs, or just about the struggle of being a Diabetic who was uninsured who struggles to survive in a government that seems to care more about pharmaceutical companies profits than it's citizens health. I have quite a bit to say on the subject and my struggles as a diabetic.

Last Name: Sours Locality: Verona

Members of the House Labor & Commerce Committee, The Commonwealth and its political subdivisions deserve the flexibility needed to seek out the best rates of return for the cash under their management. Currently they are limited to banks, causing a conflict where the Commonwealths agents are often aware of better deposit rates at their hometown credit union's branch only to be reminded that they are barred from opening a credit union account. Such deposit authority should never be the exclusive right of one type of financial depository. Credit Unions, by obligation of their charters, must pass on retained earnings to the cooperative's membership in the form of superior deposit/loan rates, and better service. This fact means that deposits are kept locally, the fruit of which is a boon to local and state tax bases. In any event, the Commonwealth's financial agents will still retain the right to place funds in the places they deem most advantageous, regardless of charter type. Your support of HB 1205 will ensure that right to fulfill this important fiduciary duty. Whit Sours 36 Old Laurel Hill Rd Verona VA 24482

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