Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Alaska FIs fielding more deposit queries
ANCHORAGE (9/26/08)--Credit unions and other financial institutions in the Kenai Peninsula of Alaska have been fielding queries from consumers about their deposit insurance coverage. They are "fielding more questions than usual these days" from consumers worried about how the economy will affect their savings accounts, said Peninsula Clarion (Sept. 24). The article, which emphasized that most banks and credit unions have federal insurance, interviewed two banks and a credit union. Alaska USA FCU Chief Financial Officer Norm West told the publication that the credit union has been getting calls from worried members who want more information about the current situation. Several have inquired about differences between credit unions and banks. The callers generally say they are happy or they have more money to move from other institutions, West said. Tellers may be answering more questions at the counter, he said. Use the resource link for the full article.
Other Resources

RSS print
News Now LiveWire
NCUA re-schedules start of tomorrow's closed meeting to 9 a.m. ET. Open meeting still at 10 a.m. ET.
16 hours ago
.@lisamurkowski @SenatorEnzi @SenJohnBarrasso are latest to weigh in on NCUA risk-based capital proposal. See #NewsNow tomorrow for more
16 hours ago
Now up on News Now: Fed stays course on taper, interest rates http://t.co/6DntsW58vA
18 hours ago
Positive performance indicators and the potential for rising interest rates in @TheNCUA 's latest economic update. http://t.co/yptPbIGvnU
21 hours ago
The @CFPB has launched a nationwide effort to provide financial education. http://t.co/sF3FXHpv3k
22 hours ago