Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU partners with bank to tap D.C.s unbanked
WASHINGTON (12/28/11)--District Government Employees FCU, with $47 million in assets, has formed a partnership with two Washington D.C. groups that are urging commuters to use bikes instead of cars to relieve traffic congestion.

District Government Employees FCU partnered with Capital Bikeshares, a bike-sharing network, and Bank on DC, a public-private partnership that helps unbanked consumers open checking accounts (American Banker Dec. 27).

Capital Bikeshares automated stations do not accept cash. To check out a bike from a Capital Bikeshares station, a borrower must use a debit or credit card.

Bank on DC offers a $25 discount on annual Capital Bikeshares memberships to unbanked consumers who open accounts with District Government Employees FCU or United Bankshares.


RSS print
News Now LiveWire
96 #creditunions across Britain have applied for funding from Lloyds Banking Group #CreditUnion Development Fund http://t.co/quq3OEE0Qq
7 hours ago
Eight new ideas hatched from @fileneresearch innovation incubator #NewsNow http://t.co/h6Ev6q3HnQ
8 hours ago
Homebuilder confidence continues to climb #NewsNow #Market http://t.co/UTBSpmoeZD
10 hours ago
Mich. league issues 4th consecutive dues rebate #NewsNow http://t.co/MGxMRRLrkb
10 hours ago
Passwords: It's not what you type, it's *how* you type via @Forbes http://t.co/QsPjmGjA4K
11 hours ago