Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CUNA cites rates in articles picked up by media
MADISON, Wis. (7/7/11)--Credit unions offer better interest rates than banks, the Credit Union National Association (CUNA) said in an article that was picked up by several newspapers nationwide. The article, “Shoestring Living: Banks vs. Credit Unions,” which was distributed by Gatehouse News Service, discussed some of the general differences--nonprofit, member-owned--between credit unions and banks. The last point of comparison concerns interest rates. “It all boils down to dollars and cents, doesn’t it?” the article said. “According to the Credit Union National Association, loans through credit unions have lower interest rates than banks across the board, while credit unions boast higher savings-related interest rates.” The article mentioned that credit unions now can compete with banks on programs for online bill pay, child and teen banking, and special savings accounts--such as those for holiday savings and high school prom.


RSS print
News Now LiveWire
For the last 75 years, even in the most difficult of times, Mill Town #CU has been there for the community it serves. Read #NewsNow Tues.
11 hours ago
The 1st vid shows how consumer can become victim and, advice to those who think they've been targeted. http://t.co/hr9VHpzEze
15 hours ago
.@TheNCUA has released two videos designed to raise awareness of elder financial abuse. http://t.co/iddSxr7H40
15 hours ago
Celebrate #100MM with @MDDCCUA1 at Orioles v Blue Jays tonight at Camden Yards
15 hours ago
The At Home In Lawrence mortgage program from @MetroCU is designed to help revitalize Lawrence, Mass.
16 hours ago