Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (07/11/2008)
* KANSAS CITY, Mo. (7/14/08)--Mazuma CU's "What's the Big Idea Challenge" is helping Shila Poindexter fulfill her entrepreneurial goal to start a home health assisted-living company. Poindexter won the credit union's challenge, part of Filene Research Institute's i3 pilot program aimed at reaching those with an entrepreneurial spirit. Poindexter's reward: A $3,000 marketing package--including logo and stationery design and stationery printing costs--to help her launch her new business. "Shila's submission was well thought out and received by the judges as a feasible concept," said Ryan Reid, relationship architect at the more than $300 million asset credit union. Judges were current members who are also business owners. Erin Jones, Mazuma's vice president, business services, noted that engaging business members in the process helped strengthen the credit union's relationship with those members … * CHATSWORTH, Calif. (7/14/08)--Telesis Community CU introduced a "Hang Ten" certificate, which pays an annual percentage yield of 10% for a five-month term. The certificate is available through August for new and existing members who open their first Telesis checking account with direct deposit. It can be opened with a minimum deposit of $500 and a maximum deposit of $2,000. "In this time of high gas prices, consumers can use some good news for their finances," said Grace Y. Mayo, president/CEO of Telesis. Telesis has $600 million in assets ... * WYLIE, Texas (7/14/08)--The winner of a Texans CU 2008 Summer Send-Off Promotion received a trip for two to the Major League Baseball All-Star Game yesterday at Yankee Stadium in New York City. Susan Tarver (left), financial center manager, Texans CU's Wylie branch, presented a $1,000 check and the trip to winning member Steve Guggenbuehl and his wife Kelly. The six-week promotion encouraged members to open a new checking account and use their Texans check card for everyday purchases. Members who used their check card for a minimum of 10 signature-based transactions were automatically entered for the trip. Guggenbuehl made 22 qualifying transactions during the promotion. The prize package included roundtrip airfare for two, a two-night stay at the Sheraton New York Hotel and Towers, a $1,000 Texans Visa Gift Card, and two tickets to the All-Star Game …


News Now LiveWire
About 1 in 5 #CUs offer credit-building loans,@SchenkMike @CUNA vice president of economics and statistics, told @CreditCardsCom
14 hours ago
RT @CUNA: DDoS attacks shorter, intense, more expensive: @VERISIGN HT @newsnowlivewire
15 hours ago
RT @CUNA: .@CUNACouncils launches new website. Offering site tours to current members. Check it out!
15 hours ago
.@Discover to support #ApplePay by fall HT @Forbes
16 hours ago
.@HUDgov requires investors to delay foreclosure for a year and offers a non-profit only pool sale
19 hours ago