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

Washington
Vet, Servicemember Protections Highlighted In NCUA Video
ALEXANDRIA, Va. (11/25/13)--The many protections provided by the Servicemembers Civil Relief Act and the Military Lending Act are detailed in a new National Credit Union Administration video.

"Our servicemembers, veterans and their families have made sacrifices for their country, and yet unscrupulous lenders lure them into a cycle of financial chaos," NCUA Chairman Debbie Matz said. "The latest Consumer Protection Update reaffirms NCUA's commitment to ensuring that our nation's servicemembers are educated about their rights and won't have to worry about their finances while defending our nation."

Campaigns such as Military Saves Week and Military Consumer Protection Day are also highlighted in the video.

"Credit unions provide low-cost financial products and services to the military and defense communities worldwide. I encourage all credit unions to share this new video with their members and make sure that those who protect our country are themselves protected from usurious loans and predatory lenders," Matz added.

The video encourages credit unions to take part in the 2014 America Saves campaign and the 2014 Military Saving campaign. The NCUA also highlights servicemember financial resources on its MyCreditUnion.gov and Pocket Cents web sites.
Other Resources

NCUA Video
RSS





print
News Now LiveWire
#Consumersentiment highest in 11 years @Umich January survey http://t.co/64ORm6b0Fc
23 minutes ago
#creditunions teach #college students how to handle the plastic http://t.co/SYy24PSQmn
1 hour ago
How you might change how you bank in 2015 @Bankrate http://t.co/wRhQsyTvul
1 hour ago
#NewsNow Ohio, Ga. video: Merchants not watching your wallet http://t.co/7jc7rECKSF
1 hour ago
What will a viking raid? Town or your wallet? http://t.co/JJYXXAGk7g @OhioCreditUnion @GCUAGov #StoptheDataBreaches http://t.co/7jc7rECKSF
2 hours ago