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News Now

Washington
CUs on the Tube North Carolina CUs Hike Capitol Hill
WASHINGTON (8/4/08)—North Carolina credit union representatives brought a positive message to Capitol Hill during a recent Hike the Hill event in Washington, D.C. Noting that lawmakers have been buffeted by bad economic news from “Wall Street and Main Street” in recent weeks, the North Carolina credit union delegation said the good news about credit unions seemed well received. "The people helping people ethic that credit unions talk about is really on display, and our elected leaders seemed to really appreciate the difference," said North Carolina CU League Senior Vice President of Association Services Dan Schline. The credit union representatives updated lawmakers on the state of credit union mortgage performance, reporting that the default and delinquency rates on credit union mortgages in the state--and the rest of the country-- are below 1%. Click on the embedded video in this story to view the league’s report on its Hike the Hill experience, as well a video interview with Ryan Donovan, the Credit Union National Association’s vice president of legislative affairs.


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