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News Now

CU System
Media touts Ohio CUs successes
CLEVELAND (4/23/10)--A front-page article that discussed the continued increases in assets, loans and membership among Northeast Ohio credit unions was featured in the April 19 issue of Crain’s Cleveland Business. Titled “Credit unions become beneficiaries of economy as asset levels increase,” the article was written by Arielle Kass, who spoke at the Ohio Credit Union League’s media training last year (eLumination Newsletter April 21). Pete Grimm, president of Medina County FCU, Wadsworth, and Kevin Ralofsky, CEO of Vacationland FCU, Sandusky, offered insight into the growth at their credit unions--highlighting a better deal for consumers and a flight to safety. Dave Fearing, vice president of credit union solutions for the league, echoed the comments of the two credit union leaders, saying that credit union success is a combination of the affordable rates and the attractiveness of the “People Helping People” collaborative nature.
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