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
Pennsylvania CUs uptick in deposits tied to market
HARRISBURG, Pa. (7/25/08)--Credit unions in Pennsylvania reported an increase in deposits, many as a direct result of banking woes, the Pennsylvania Credit Union Association (PCUA) said Thursday. According to an informal poll of the state’s credit unions, credit unions are actually benefiting from the troubled economy, PCUA said (Life is a Highway July 24). In summer, deposits often fluctuate as members relocate and production facilities shut down for vacation, but the state’s credit unions are reporting fewer changes than in previous years. “It appears that the marketplace understands that credit unions are local financial institutions with a strong track record that consumers can trust,” said Jim McCormack, PCUA president/CEO.
Other Resources

RSS





print
News Now LiveWire
Watching #SuperBowlXLIX this Sunday? Look for regional #creditunion #commercials @CltMetroCU @BECU @golden1cu #Seahawks #Patriots
23 hours ago
Philadelphia's American Bakery Workers FCU liquidated by @TheNCUA; @trumarkonline assumes shares
23 hours ago
More branch shutterings by @Citi: 4th-largest bank to close 10% of #Chicago area branches HT @CrainsChicago http://t.co/2vAvgucLY5
1 day ago
56% struggle with subprime credit scores says @cfed survey HT @washingtonpost http://t.co/RHmMvuhNtw
1 day ago
How to use social media for crisis communications Feb. 10 webinar from @SBAgov, @AgilityRecovery http://t.co/d16t8RHr7n
1 day ago