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
Newsletter profiles Vermont CUs for Co-op Month
SOUTH BURLINGTON, Vt. (10/27/08)--Four Vermont credit unions and Joe Bergeron, president of the Association of Vermont Credit Unions, were featured in the October edition of Washington Electric Co-Op's newsletter, Co-Op Currents, which focused on National Cooperative Month. The article profiled credit unions where the co-op's members live, including United Community CU, Vermont State Employees CU, Members Advantage Community CU, and Granite Hills CU (Newslines Express Oct. 24). Bergeron told the publication that credit unions operate in the same economy as everyone else, with members paying more for gas and taxes and losing jobs. "We're definitely connected to what's going on," he said. "But you're not going to see credit unions disappear off the face of the earth like some banks are doing, because we aren't holding any of those subprime mortgages." He explained credit union members' deposits are protected by federal insurance and that although they aren't part of the economic crisis problems, they are part of the solution. For the entire article, use the resource link.
Other Resources

RSS





print
News Now LiveWire
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
13 hours ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
15 hours ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
15 hours ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
15 hours ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
17 hours ago