Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
ICNNI financial advisor touts CUs as alternatives to banks
WASHINGTON (7/21/08)--CNN’s personal finance editor touted credit unions on her show Friday morning as a good alternative to banks. Gerri Willis, host of “Gerri’s Top Tips” was asked by a man in Florida via e-mail, “Is it possible to find out about credit unions; how safe are they at this time?” Willis replied: “That’s a really great question … Credit unions are a good alternative to banks. They have the same guarantees [as banks]. As long as you have $100,000 or less in an individual account or $250,000 or less in a retirement account, you’re insured. “Plus, credit unions may have slightly better interest rates and rates on CDs, savings accounts and money market accounts,” she added. The Credit Union National Association provided information to assist Willis with her repsonse to the question.
Other Resources

RSS print
News Now LiveWire
96 #creditunions across Britain have applied for funding from Lloyds Banking Group #CreditUnion Development Fund http://t.co/quq3OEE0Qq
14 hours ago
Eight new ideas hatched from @fileneresearch innovation incubator #NewsNow http://t.co/h6Ev6q3HnQ
15 hours ago
Homebuilder confidence continues to climb #NewsNow #Market http://t.co/UTBSpmoeZD
17 hours ago
Mich. league issues 4th consecutive dues rebate #NewsNow http://t.co/MGxMRRLrkb
18 hours ago
Passwords: It's not what you type, it's *how* you type via @Forbes http://t.co/QsPjmGjA4K
18 hours ago