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CU System
Missouri CUs hit airwaves newspapers
ST. LOUIS, Mo. (10/29/08)--Missouri credit union representatives statewide are reaching out through the media to share the story of the credit union difference in tough economic times. Presidents Dan Alderman, Missouri Baptist CU, Jefferson City; Marsha Borgmeyer, First Financial CU, Jefferson City; and Rick Nichols,
Missouri Credit Union Association President Rosie Holub, left, talks about the credit union difference at radio station KCLR in Columbia, Mo. Rick Nichols, River Region CU, and Marsha Borgmeyer, First Financial CU, also were interviewed. (Photo provided by the Missouri Credit Union Association)
River Region CU, Jefferson City; and Rosie Holub, Missouri Credit Union Association, used airtime on radio station KCLR in Columbia to spread the message (The Missouri Difference Oct. 24). Credit union lending, benefits of membership, safety and soundness, and how credit unions avoided the financial crisis were among the issues they addressed. The interviews ran Oct. 20. “Banks dominate the news, and by default, credit unions get some of the cynicism that is generated by the press,” Nichols said. “This helps plant seeds about the real story of credit unions.” Missouri credit union leaders also are appearing in print media. The Daily American Republic included a photo of Polar Bluff (Mo.) FCU and information about credit union share insurance. President Dennis Sommer, Alliance CU, St. Louis, wrote two letters to the editor in October, countering articles written in the St. Louis Post-Dispatch and the St. Louis Business Journal. The letters pointed out that credit unions continue to meet the borrowing needs of their members, even as national banks cut back their lending.
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