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CU System briefs (03/26/2012)
  • PORTLAND, Maine (3/27/12)--Maine's credit unions have launched their second search for an individual to represent Generation Y (ages 18-25) as the spokesperson for their Young & Free Maine program, said the Maine Credit Union League.  The "spokester" will connect with young people using social media networks, local events and more while developing entertaining educational content, tips and tools to help Gen Yers manage their day-to-day lives and finances.  The program's first spokester, Seth Poplaski, will complete his one-year term in June. Applications for the position will be accepted until noon (ET) April 20.  To enter, applicants must submit a 60-second YouTube video and write a blog post that demonstrates writing, editing and creative skills. The videos and blog posts will be posted at www.YoungFreeMaine.com. The public will vote on three finalists online May 4-17. The new spokester will be announced by May 30 …
  • PHOENIX (3/27/12)--Arizona State FCU has accepted 167 applications for the Home Affordable Refinance Program (HARP) to help underwater owners obtain more affordable mortgages.  Homeowners who are current on their Fannie Mae mortgage but have been unable to obtain traditional refinances because their homes declined in value may be eligible for HARP, said the credit union. "If members can benefit from a lower mortgage payment, then we, as a local financial cooperative, need to meet this need," said David E. Doss, president/CEO of the $1.3 billion asset credit union, noting that it "can help Arizona residents rebound from economically challenging times."  HARP has been extended by the Federal Housing Finance Agency to help homeowners take advantage of historically low interest rates …
  • ST. PETERSBURG and TAMPA,  Fla. (3/27/12)--GTE FCU  has partnered with Suncoast Electric Vehicles, Florida's first all-electric car and truck dealer, to give away one Wheego LiFe, an all-electric car capable of driving 100 miles on a single charge. Members who close on a GTE FCU home loan through Aug. 31 will be automatically entered to win the car as the grand prize. Four finalists will be selected from all participants in September. One will drive home the car, which retails for $32,995, at GTE's member appreciation event, Memberfest, in October, in Tampa …


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Positive performance indicators and the potential for rising interest rates in @TheNCUA 's latest economic update. http://t.co/yptPbIGvnU
1 hours ago
The @CFPB has launched a nationwide effort to provide financial education. http://t.co/sF3FXHpv3k
2 hours ago
See @CUNA's @SchenkMike on TheStreet discussing a new surge consumer confidence http://t.co/SqjarTBLCQ
2 hours ago
.@CFPB pushes back cmmt deadline on proposal to allow consumer narratives in complaints database--now 9/22, was 8/22. http://t.co/mHLlRVjEij
3 hours ago
@FHFA will hold 8/14 outreach in Atlanta for homeowners who still could benefit from the HARP refinance program. More in #NewsNow Thurs.
3 hours ago