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News Now

CU System
Vermont association asks CUs to document heating offers
BURLINGTON, Vt. (8/19/08)--The Association of Vermont Credit Unions put together a survey and distributed it to credit union managers/CEOs this week to ask about what they’re doing to provide heating assistance for members. Credit unions were mentioned in government circles as being uniquely positioned to help members with the upcoming heating season, but those efforts should be documented, the association said. Association President Joe Bergeron recently met with Rep. Peter Welch's (D-Vt.) Business Advisory Council about energy costs and resolutions (Newsline Express Aug. 15). About 75% to 85% of all home heating oil consumed by Americans is in the northeast. Heating oil prices rose 72% in the past two years, and prices are expected to increase up to 21% this year, the association said.


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