Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Socked by storms again, CUs keep members in mind
MADISON, Wis. (2/14/14)--Another major winter storm has swept its way from the Southeast up the coast to Maine, leaving in its wake layers of ice, power outages and as much as 20 inches of snow.
Many credit unions used social media or their websites to tell members to stay safe. On its Facebook page, Bellco FCU, Wyomissing, Pa., said, "We value the safety of our staff and members, but want you to know that Bellco is still at your fingertips. To access your accounts, please use Internet Banking, Mobile Banking, Text Banking or Phone Banking."
MECU of Baltimore was closed Thursday and advised members to check its website this morning for updates. It, as many credit unions did, made sure members knew they could use online, mobile or telephone banking for services.
The New Jersey Credit Union League operated in business continuity mode but that didn't stop President/CEO Greg Michlig from engaging credit unions. He tweeted, "#Snow, snow, snow, snow, snow Wonder where your #money goes? Take a look today," directing followers to the league's "Banking You Can Trust" website.

The Pennsylvania Credit Union Association closed its offices Thursday and reported nearly 20 credit unions had called snow days.
Early Thursday was relatively quiet as New York credit unions prepared for the storm. Some closed early and others altered their operating hours for today. "This storm has had a more significant impact on a greater part of our state than our most recent snowstorm, as it's impacted branch closings from Long Island to upstate New York,"  Ron McLean, senior vice president, Credit Union Association of New York, told News Now.
Massachusetts Credit Union League and New Hampshire credit union leagues and Credit Union Association of Rhode Island also were operating in business continuity mode Thursday afternoon.
The Carolinas Credit Union League rescheduled its small credit union roundtable to March, and the Foothills Chapter moved its meeting to next week (In the Loop Feb. 11).
Hazardous road conditions forced the Georgia Credit Union Affiliates' Duluth office to close Thursday morning. The South, which took a wallop with freezing rain, ice and wind, is now expected to thaw a bit today with temperatures in the 50s.
Some credit unions may have a four- or five-day weekend with the observance of the Presidents' Day holiday Monday.

News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation
1 day ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.”
1 day ago
.@daytondailynews : The secret is out about #creditunions @DayAirCU @CODECreditUnion
1 day ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
1 day ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
1 day ago