Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Indiana leagueservicecorp take steps to help CUs
INDIANAPOLIS (12/23/08)--The Indiana Credit Union League and its service corporation subsidiary are helping affiliated credit unions benefit financially and assisting with membership growth strategies. “Credit unions are working hard to deal with the impact of the economic downturn, while also seizing the opportunity for membership growth presented by the current financial services environment that consumers face,” said league President John McKenzie. “We have taken a number of extra steps to help Indiana’s credit unions meet financial challenges and pursue growth opportunities.” The league has:
* Announced a 2009 dues rebate of $93,570. “We are in a position, because of prior years’ successes, to operate next year at a deficit and provide a rebate to affiliated credit unions,” McKenzie said; * Launched a statewide advertising campaign titled “You Belong Here.” The campaign includes 129 billboards, 2,767 radio spots on 27 stations, and 1,195 spots on 16 network and seven cable TV stations; * Authorized financial assistance to help affiliates attend the Credit Union National Association Governmental Affairs Conference (GAC). Assistance will cover costs for 16 attendees, and one of the 16 scholarships will be funded by Indiana Members CU, Indianapolis; * Provided $1.5 million in incentives as part of a contract extension process for clients in the league’s Credit Union Card Center. The extensions included an aggregate reduced pricing of $400,000 for the group; and * Refunded excess premiums for CUCare group health insurance to credit unions--totaling $1.785 million. Another $1.5 million also will be refunded next year.
For more information about You Belong Here, use the link.
Other Resources

RSS print
News Now LiveWire
Plattsburgh, NY, paper lauds @DannemoraFCU, @TiconderogaFCU for shred event, ID theft protection See #NewsNow http://t.co/VqWO986j9i
8 minutes ago
Did you ask @CommonwealthCU CEO a fin. question on #heyKaren day? She'll answer #likeaboss http://t.co/2PgZAp9qu0 https://t.co/RySBvM4rBc
11 hours ago
Texans linebacker Cushing continues outreach, spokesman role for @FirstCommCU http://t.co/wIUGhn9okM
14 hours ago
Despite what consumers say, big banks still hold sway over market via @Marketplace http://t.co/ozH69d8soj
16 hours ago
Erie, Pa., Americo FCU CEO praises staff for actions during robbery http://t.co/yyhaPnDtXh
17 hours ago