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CU System
CUs pricing better than Wal-Mart PCUA tells media
HARRISBURG, Pa. (7/21/09)--Credit unions offer better pricing than Wal-Mart Money Centers, the Pennsylvania Credit Union Association (PCUA) told a Pennsylvania business publication. The Central Penn Business Journal published an article Friday regarding a Wal-Mart Money Center debuting in Pennsylvania. Wal-Mart Money Centers are designed to provide financial services to consumers who do not have bank accounts and who are tired of payday lending fees. Mike Wishnow, PCUA senior vice president of marketing and communications, told the Journal that credit unions remain an attractive choice for consumers. “I think our pricing model is still better than Wal-Mart’s would be,” Wishnow said. However, he added that it’s good to see any financial services business charging fairer prices than traditional payday lenders. To see the full article, use the link.
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