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CU System
Jane Bryant Quinn to PCUA CUs have social value
HERSHEY, Pa. (5/19/09)--Jane Bryant Quinn, nationally known personal finance commentator, says credit unions “have social value.” She made the comment as the keynote speaker for Friday’s general session at the Pennsylvania Credit Union Association’s Annual Business Meeting in Hershey, Pa..
Jane Bryant Quinn (left), nationally known personal finance commentator, and Diane Roberts, Pennsylvania Credit Union Association board chair, at the Pennsylvania Credit Union Association’s Annual Business Meeting in Hershey, Pa.
Jim McCormack (left), president/CEO of the Pennsylvania Credit Union Association, greets Tom Corbett, Pennsylvania attorney general, who spoke at the association’s Annual Business Meeting in Hershey, Pa., Friday. (Photos provided by the Pennsylvania Credit Union Association)
After giving a historic review of the economy’s ups and downs over the years, Quinn told attendees, “Now is your time.” During the economic boom, banks were attractive to consumers and credit unions had to work hard to compete. Today, banks are struggling and credit unions are thriving, she added (Life is a Highway May 18). “Credit unions have a great message to tell,” Quinn said. “Credit unions have social value, and their specialty is personal service and one-on-one financial counseling.” Quinn recently agreed to appear as the spokeswoman for the National Credit Union Administration in a television commercial running nationwide in those areas most impacted by the economic recession. In another speech at the meeting, Pennsylvania State Attorney General Tom Corbett, a credit union member, congratulated the association on its 75th milestone and thanked credit unions for “making Pennsylvania better for all of us.” Credit unions are committed to members, especially during the economic crisis, and are key to the economic turnaround, Corbett said. The attorney general is a consumer advocate and has used credit unions as a partner for his initiatives. He emphasized the importance of financial literacy in schools and informing members about identity theft.
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