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
Free gas in 10 cities from CUs small banks
MADISON, Wis. (8/17/12)--Thousands of consumers stood in line Wednesday and Thursday at specific gas stations nationwide, as credit unions and small banks gave away free gasoline in efforts to encourage consumers to "Take Back Your Banking" from the largest U.S. banks.

The giveaways were held in 10 U.S. cities: Baltimore; Memphis; New Orleans; New York; Portland, Ore.; St. Louis; Lake Charles, La.; Jackson, Miss.; Lima, Ohio; and Little Rock, Ark. (MarketWire Aug. 16).

Representatives from credit unions and community banks who have partnered through  Kasasa.com--a national brand of free checking and savings accounts--were present at locations in each city to pump $20 worth of gasoline to each of the first 200 consumers in line, Marketwire said.

In northwest Atlanta, the gas giveaway, sponsored by CU of Atlanta and Family Savings FCU, brought attention to consumers who are tired of mega banks' high fees and highlighted credit unions offering banking products with great service attached, said Leslie Bishop, a spokeswoman for Family Savings (The Atlanta Journal-Constitution Aug. 16).  

In Memphis, a branch of Jackson, Miss.-based Hope CU teamed with Kasasa and a local bank to not only give away free gasoline, but also to educate consumers about credit unions and community banks as alternatives to megabanks (WMC-TV.com Aug. 15).

In the Jackson, Miss., area, employees of Hope CU and Magnolia FCU--in addition  to providing information about credit union services--doubled as gas station attendants during the gasoline giveaway (WLBT.com Aug. 15).


RSS





print
News Now LiveWire
A recent report from @TransUnion says consumers born 1981 or later made up 27% of total auto-loan originations in 2014, up 16% from 2009.
4 hours ago
.@CUNA says new House bill is "further evidence" of lawmakers' interest in how @TheNCUA uses its funds from CUs. See News Now Monday.
23 hours ago
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
1 day ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
1 day ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
1 hour ago