Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Pa. CU aids striking Verizon workers with loans
HARRISBURG, Pa. (8/22/11)--Norristown Bell CU, Blue Bell, Pa., is offering a short-term, interest-only loan to help some of the 45,000 Verizon employees who went on strike earlier this month. The employees on strike are members of the Communications Workers of America and International Brotherhood of Electrical Works, according to the Pennsylvania Credit Union Association (PCUA) (Life is a Highway Aug. 19). The loan term is three months. A borrower would be responsible only for interest payments the first two months--about $0.84 on a $1,000 loan--with the balance due the third month. Although $50 million asset Norristown Bell obtained a community charter in 2010, about one-third of its membership is employed by Verizon. Verizon is one of the Pennsylvania’s largest employers, with more than 13,300 employees in the state, PCUA said.


RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
16 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
17 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
17 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
18 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
19 hours ago