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
CUs Highlighted in Amtrak's 'Arrive' Magazine
WASHINGTON (7/5/13)--Tucked into the seat-back pockets of its trains going from Washington, D.C. to Boston, Mass.--via New York City--and back, the current Amtrak and Amtrak Acela magazine features an article advising passengers on "Choosing the Right Financial Guru."  The first tip of the six offered shines the spotlight on credit unions.
 
"When it comes to financial advice, there is no one-size fits all expert," the Arrive article says. "Loan officers at the local credit unions offer mortgage services, financial planners make recommendations for investments and retirement accounts, credit counselors establish debt repayment programs, and financial psychologists delve into beliefs about money."
 
The article highlights: "As nonprofit organizations, credit unions have lower operating costs than big banks, and that can translate to better deals for members" like higher rates on savings and lower fees on services and lower rates on loans than banks.
 
The article notes that most people are eligible to join a credit union and notes the Credit Union National Associations consumer website, aSmarterchoice.org, as a way to find the right match. CUNA worked with Arrive on the article.


RSS





print
News Now LiveWire
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
9 hours ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
11 hours ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
11 hours ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
11 hours ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
13 hours ago