Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Carolina state senator praises work of CUs
RALEIGH, N.C. (4/6/09)--State Sen. Sam Queen, a proponent of affordable housing as a means of building wealth and strengthening the middle class, praised the work of North Carolina's credit unions in this critical area and in several other areas last week. The Democrat, who represents the 47th Senate District in western North Carolina, offered glowing remarks about credit unions during the Annual State Capital Connections program April 1. The remarks were made in an on-camera interview with Dan Schline, senior vice president of association services for the North Carolina Credit Union League. The video is displayed on the league's Weekly Update website.


Queen noted credit unions' efforts in assisting struggling homeowners and said they "haven't been in subprime lending…they haven't been in these derivatives…they've just been doing good old-fashioned lending to help people build homes and build solid families." He also praised their financial literacy efforts and expressed gratitude to credit unions for how they educate and help families. Credit unions are a "very important institution," he said, adding that they are "in great shape." "Credit unions do a great job of serving the people that do business with them…that save and borrow there," he told the league.
Other Resources

RSS print
News Now LiveWire
For the last 75 years, even in the most difficult of times, Mill Town #CU has been there for the community it serves. Read #NewsNow Tues.
29 minutes ago
The 1st vid shows how consumer can become victim and, advice to those who think they've been targeted. http://t.co/hr9VHpzEze
4 hours ago
.@TheNCUA has released two videos designed to raise awareness of elder financial abuse. http://t.co/iddSxr7H40
4 hours ago
Celebrate #100MM with @MDDCCUA1 at Orioles v Blue Jays tonight at Camden Yards
5 hours ago
The At Home In Lawrence mortgage program from @MetroCU is designed to help revitalize Lawrence, Mass.
5 hours ago