Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
League poll Texas voters rank CUs high
FARMERS BRANCH, Texas (7/6/09)--Credit unions ranked high according to results of a Texas Credit Union League (TCUL) telephone poll of Texas voters on their perceptions of the state’s top issues, elected leadership, the Texas economy, the economic crisis and other financial issues. “Texas voters are more optimistic than the rest of the country about our state’s economy and surviving their national current financial crisis,” said Buddy Gill, TCUL chief advocacy officer. “We’re delighted, but not surprised, to continue to see credit unions consistently rank as the most popular of any financial services institutions today. “Credit unions weren’t part of the problems that caused the national financial crisis, but we can be part of the solution to get our country back on its feet,” he added (The Advocate June 30). Findings of the poll indicated:
* Credit unions are not viewed as part of the country’s economic problems. * The popularity of credit unions remains high. The image of credit unions has remained virtually unchanged at 75% favorable and 8% unfavorable--statistically the same as the 2004 finding of 77% favorable and 9% unfavorable. What is noteworthy, said TCUL, is that credit unions are popular far beyond their own membership levels, nearly half (45%) of all Texas voters are members of Texas credit unions--up slightly from 42% in 2004. * Voters favored eliminating the 12.25%-of-assets cap on member business loans that Congress placed on credit unions 11 years ago. Voters see small-business loans as a workable way to help get credit into entrepreneurs’ hands while other financial institutions cut back on lending during the recession, TCUL said.
The poll of 800 registered Texas voters was conducted April 23, 25 and 26 by a bipartisan political polling team of Public Opinion Strategies, a Republican company based in Virginia, and Hamilton Campaigns, a Democratic firm based in Florida.
Other Resources

RSS print
News Now LiveWire
July 's Fed Bank's "FedFocus" has some interesting articles: incl cost/benefits of $1 currency 2 coin conversion ttp://tinyurl.com/nybmnhh
11 hours ago
Do you wish you were a News Now subscriber? Go here: http://t.co/7evfBSjeMx
11 hours ago
Financial education for student body key part of Altura #creditunion, UC-Riverside partnership #NewsNow http://t.co/Xp6OJd66o6
12 hours ago
.@VTcreditunions gains 200 new FB followers in just 2 wks to reach 1,000 http://t.co/I89xJcv4Jg
13 hours ago
.@CUNA is testifying on reg relief Tues,July 15 at 2 p.m. be4 Hs Fin Serv Subc. Here is the agenda and witness list: http://t.co/yBRhlmdqHt
15 hours ago