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CU System
CUs on the Tube Bethpage FCU
NEW YORK (10/9/08)--Bethpage (N.Y.) FCU was featured in a recent televised news story by NBC 4 in New York. Credit unions are thriving, according to the NBC 4 story. Deposits at credit unions are up $43 billion this year--6.8%, the news outlet said. NBC 4 also interviewed Kirk Kordeleski, Bethpage FCU CEO. He told the news outlet that the credit union has experienced growth of 11%. “With a cooperative there’s just a different relationship with the owners--who are the members. Better rates, better value,” he told the news station. NBC 4 also noted that credit union accounts are insured, and that they generally offer lower rates and fees than larger financial institutions. To see the video, use the link.
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