Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Shoppers creativity to avoid debt is seminal CUNA tells IAPI
NEW YORK (12/21/09)--With the holiday shopping season running at full bore, consumers are being creative in how they spend and pay for items and services so they don’t run up card debt, the Credit Union National Association told The Associated Press Friday. The article was picked up by ABC News Friday. Consumers are paying with cash, with direct debits from bank accounts, by using layaway payment methods, by taking advantage of free financing and even by cashing in frequent flier miles, the AP said. Bill Hampel, chief economist at the Credit Union National Association, describes the consumer switch as “seminal.” “People are trying a lot of new behavior in how they're spending and how they are paying for it in response to a very scary economy,” he added. To read the article, use the link.
Other Resources

RSS print
News Now LiveWire
St. Louis treasurer taps #creditunion to serve unbanked #NewsNow http://t.co/lWtcezJOej
52 minutes ago
.@CUNAMutualGroup has committed $35K to @trustdotcoop over the next year to suppor the future of #creditunions.
1 hours ago
.@madison_mag gets the cooperative scoop from @SummitDoMore's @kimsponem http://t.co/RxSCeSegie
2 hours ago
.@VantageWestCU emeritus chairman Whittaker inducted into @DCUC_HQ Hall of Fame http://t.co/dpeP4ME49U
3 hours ago
Australian newspaper covers Gen Y tips from @ServusCU at @WOCCU conference http://t.co/xqmLfZVwaI
4 hours ago