Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
CNBC.com column Expect a rush to join CUs
NEW YORK (12/30/08)--A columnist for CNBC.com predicts that 2009 will bring a rush to join credit unions. Consumers will “flock to credit unions where they truly are more than three digits and a credit report,” according to John Ulzheimer, a contributor for CNBC’s “On the Money.” Ulzheimer listed 10 items in a recent column that the new year will bring for consumer credit. He listed credit unions as No. 2. “Little or no exposure to subprime mortgages, no shareholders to impress every three months and plenty of money to lend seems like a trifecta to me,” Ulzheimer said. “Add to that the same level of insurance for your deposits and overall better treatment of their members compared to that of the large banks and this is a slam dunk,” he added. To read the full article, use the link.
Other Resources

RSS





print
News Now LiveWire
Construction spending drops in January, according to @CommerceGov http://t.co/W9J1mDyF8X #Market #NewsNow
13 hours ago
During Nat'l Consumer Protection Week, @TheNCUA reminds #CU members of agency resources re: rights as consumers. http://t.co/aYgW1HoDmF
14 hours ago
.@TransUnion: #millennials climbing into driver's seat with loans http://t.co/S4H9OIB3Av
15 hours ago
Breaking at #NewsNow: @CUNA backed bill introduced by @RepEdRoyce @GregoryMeeks would raise MBL cap. #CUSmallBiz http://t.co/ZDAb2UMoQz
17 hours ago
Loan growth at federally insured #creditunions in 2014 climbed to highest level since 2005, @TheNCUA reported today. Watch News Now Tues.
17 hours ago