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

CU System
IUSA TodayI CU helps low-incomers vs. payday loans
NEW YORK (10/4/11)--Credit unions are among the options low-income consumers without a financial institution have to avoid the steep cost of payday lenders, according to a Thursday article in USA Today. The article, “Low-income borrowers get options beyond payday loans,” mentioned Micro-Branch, which is a combination check casher and credit union, which was started in California last year to serve unbanked families. The credit union, Self-Help FCU in East San Jose, Calif., launched a Micro Branch for many unbanked Latino families in the area who rely solely on check cashing. Self-Help not only offers less costly check cashing, but also encourages members to begin saving money in a credit union account. To read the article, use the link.
Other Resources

RSS





print
News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda http://t.co/gFIhRhUCts
1 day ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief. http://t.co/TMTubG9Afk
1 day ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today: http://t.co/ep5…
1 day ago
Seriously underwater homes rise, new-home sales tumble News Now: http://t.co/2LzWTkqnES
1 day ago
#NewsNow Cornerstone Foundation awards $71K in grants http://t.co/Y6D8K9rwWv
1 day ago