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
Canadas CUs donate 42.1M to communities
TORONTO, Canada (10/16/09)--Canadian credit unions upped their support of community projects nationwide to $42.1 million in 2008. The amount was up 18% from the $35.8 million donated in 2007, a new survey indicated (Canada NewsWire Oct. 15). “During the recent tough economic times, credit unions have increased their support for local community projects,” David Phillips, president/CEO of Credit Union Central of Canada, told the news service. “Every day, credit unions help their communities by providing time, money and expertise. These actions flow from the cooperative principles that are at the core of the credit union difference.” Since its inception eight years ago, the annual survey has shown a steady increase in donations from Canada’s credit unions, the news service said. In a related matter, credit unions in the Canadian province of Ontario increased their support of community projects to a record $5.3 million in 2008--up roughly 10% from $4.8 million in 2007, said Central 1 CU, the central liquidity management facility and trade association for nearly 200 member credit unions in British Columbia and Ontario.


RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
17 hours ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
22 hours ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
23 hours ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
1 day ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
1 day ago