Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Kentucky paper Local CUs banks strong
HENDERSON, Ky. (9/30/08)--Local credit unions and banks in the Henderson, Ky., area appear to be healthier than the nation's teetering big banks, reported The Gleaner and Evansville (Ind.) Courier Press (Sept. 28). The newspapers reported on two bank rating services that evaluate the financial strength of financial institutions and noted that the area's financial institutions are doing well. Most credit unions in the area received four- or five-star ratings from Bauer and Bankrate, the ratings agencies. Commonwealth FCU, Frankfort, and Gibbs Aluminum FCU, Henderson, received five stars from both ratings services, said the article. Green River Area FCU, Owensburg, and Evansville (Ind.) Teachers FCU, which has a branch in Owensburg, both received five stars from Bauer and four from Bankrate. The Evansville Teachers FCU told the publications that a long practice of conservative investing and lending practices, plus the fact the credit union has avoided subprime lending, are reasons for its financial strength. Also mentioned as highly rated were Alcan Employees CU in Louisville and Dynamic Healthcare Employees CU, Evansville.
Other Resources

RSS print
News Now LiveWire
Hope FCU 'exceptional' in minority service: @GOBankingRates.com #NewsNow http://t.co/yp1JsKmGo0
2 hours ago
.@wpcu in the running for Dayton Brand Madness 2014 @DBJnews http://t.co/waOSDAGUtr
2 hours ago
.@NW_Banking looking for #creditunion entries for #CUFinLit contest to fund through http://t.co/E6GFvjd5XW
3 hours ago
#NewsNow: Fannie Mae, Freddie Mac consider VantageScore for alternate credit model. http://t.co/611II7AcKD
4 hours ago
Va. #creditunion league breaks ground on new HQ #NewsNow http://t.co/Cn24i1hOHV
5 hours ago