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CU System
Letter Article overlooks best FI option--CUs
VERO BEACH, Fla. (12/30/08)--The director of marketing at Indian River FCU, Vero Beach, Fla., responded to a recent newspaper article that he says overlooks consumers’ best financial institution option--credit unions. Marc Camelleri recently wrote to the Treasure Coast Palm noting that its Dec. 19 article, “Bad loans driving down banks’ ratings” overlooked Indian River FCU as an option. The credit union recently scored a “4” on a rating report from Bauer Financial, which was higher than the other Treasure Coast financial institutions mentioned in the article, Camelleri said. Indian River FCU’s nonprofit status helps members save money with low rates on loans and fewer fees. The credit union also is trustworthy, because it “exists solely to serve our members,” he added. To read the letter, use the link.
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