Former Credit Union CEO Larry Hoff Elected to Washington House of Representatives

Election results were positive for credit union-supported candidates in Washington overall, and at the federal level.

Larry Hoff

Larry Hoff, former Fibre Federal Credit Union President and CEO, has run a successful campaign to become a member of the Washington House of Representatives.

11/13/18

When the Washington State Legislature gavels in Jan. 14, Larry Hoff will become the first former credit union CEO to serve in the House of Representatives. While ballots from the Nov. 6 election will not be officially certified until the end of the month, voting tallies are indicating Hoff will win and represent District 18, Position 2. According to the Washington Secretary of State, Hoff captured 52.84 percent of the vote to defeat his opponent, Kathy Gillespie.

The hard-fought contest demonstrates the effectiveness of credit union advocacy. Hoff trailed Gillespie following the August top-two primary, but his supporters, including credit union advocates, rallied to successfully get the vote out.

“We appreciate the hard work of credit union advocates,” said Jennifer Wagner, Northwest Credit Union Association Chief Advocacy Officer. “It’s critically important to elect candidates who understand the value that not-for-profit, cooperative credit unions deliver to consumers, to businesses, and to communities.”

As the former President and CEO of Longview-based Fibre Federal Credit Union, Hoff led a team of over 250 employees. In his new role, he will work for more than 160,000 residents of his district, which includes six of Clark County’s seven incorporated cities and three unincorporated communities.

“I am humbled and honored by the support I received from the voters in District 18 and from the Credit Union Movement,” Hoff said in an interview with Anthem. “Having spent 25 years advocating for credit unions in the Washington and Oregon state legislatures, I can attest to how important it is to get involved, to make your voices heard.”

A Good Night in Washington

The election results in the Evergreen state overall were positive for credit unions.

“While the results may not be official for a couple of weeks, it appears that of the 89 races our state PAC supported, we have a potential win rate of 94 percent,” said Samantha Beeler, AVP, Advocacy with the NWCUA. “However, with some incumbents’ seats turning over, we will also have some new legislators to work with Olympia, and we will be reaching out to advocates to help with those conversations.”

It appears Rep. Steve Kirby (D, District 29) – also a credit union executive – will remain as chair of the House Business & Financial Services Committee, while Sen. Mark Mullet (D) will chair the Senate Financial Institutions & Insurance Committee.

Credit union advocates are urged to show up in full force to meet with their elected officials in Olympia during Credit Union Day at the Capitol Feb. 13.

At the federal level, Dr. Kim Schrier defeated opponent Dino Rossi to capture the open House seat in District 8. Dr. Schrier met last week with NWCUA President and CEO Troy Stang, Board of Directors Chair John Zmolek, Governmental Affairs Committee Co-Chair Scott Adkins, and Beeler for a “very constructive and positive conversation” about credit unions.

Other federal election winners from Washington include:

  • Suzan DelBene (D, District 1)
  • Rick Larsen (D, District 2)
  • Jaime Herrera-Beutler (R, District 3)
  • Dan Newhouse (R, District 4)
  • Cathy McMorris Rodgers (R, District 5)
  • Derek Kilmer (D, District 6)
  • Pramila Jayapal (D, District 7)
  • Adam Smith (D, District 9)
  • Denny Heck (D, District 10)
  • Senator Maria Cantwell (D)

Washington credit union advocates are invited to meet with their elected federal officials during CUNA GAC March 10-14, 2019.