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
Montana CUs small loans increase 26 in 4Q
HELENA, Mont. (2/11/11)—Montana Credit Unions for Community Development (MCUCD) reported an increase of more than 26% in small loans for the fourth quarter of 2010 from credit unions tracked by the organization. MCUCD attributed the growth to a statewide public awareness campaign it ran last year to educate Montana consumers about the availability of small loans at credit unions. The campaign was made possible by a National Credit Union Foundation (NCUF) grant though the REAL Solutions program. The fourth-quarter growth is part of a continuing trend. MCUCD reported that loans during the quarter increased by 26.7% from the third quarter, following a similar gain of 24.4% that quarter. The statewide awareness campaign ran in September and October. It included public-service announcements that were broadcast statewide on television and radio. The ads informed consumers that most credit unions make loans as small as $300. At the same time, credit unions, nonprofit partners and other interested groups distributed campaign materials developed by MCUCD to members and clients statewide.
Other Resources

RSS





print
News Now LiveWire
Middle-class families walking a tightrope with little savings @pewresearch HT @CNNMoney http://t.co/Pfu2KHASZa
2 hours ago
.@CUNA's @SchenkMike on @federalreserve meeting: http://t.co/Ry39vjWdA1
2 hours ago
#creditunion cites prize-linked savings success in @WSJ http://t.co/3CXupUMx5d
5 hours ago
.@CFPB proposes mtg rule changes 2 facilitate responsible lending by small creditors, esp. in rural/underserved areas.http://t.co/sn6PnlS0EB
6 hours ago
#NewsNow Apple Pay interest booming at CUs, Western Union joins http://t.co/LsaoOYzAPx
8 hours ago