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 incentive plan helps Vermont immigrants save
BURLINGTON, Vt. (1/27/09)--A Vermont credit union is helping recent immigrants learn to save with an incentive--with free movie tickets. Opportunities CU, a $27.4 million asset credit union in Burlington, Vt., says that everyone is feeling the negative effects of the economy but recent immigrants are especially vulnerable, reported WCAX-TV News (Jan. 24). The station interviewed three teens, new to this country, who opened their first savings accounts at the credit union. They brought their instructor, who teaches English as a Second Language at a local high school, to assist in the paper work. They plan to save for college while learning English. Members who make a savings deposit each month of any amount--be it one dollar or $10-- will get two movie tickets to a local theatre every three months, Jeremy Brown of the credit union told the station. The credit union serves low-wealth individuals.


RSS





print
News Now LiveWire
How you might change how you bank in 2015 @Bankrate http://t.co/wRhQsyTvul
12 minutes ago
#NewsNow Ohio, Ga. video: Merchants not watching your wallet http://t.co/7jc7rECKSF
45 minutes ago
What will a viking raid? Town or your wallet? http://t.co/JJYXXAGk7g @OhioCreditUnion @GCUAGov #StoptheDataBreaches http://t.co/7jc7rECKSF
1 hour ago
#creditunions face 'perfect storm' of tech changes in 2015 #NewsNow http://t.co/K2a6GZX8k5
1 hour ago
Middle-class families walking a tightrope with little savings @pewresearch HT @CNNMoney http://t.co/Pfu2KHASZa
18 hours ago