Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Letters to media CUs a good alternative
PROVIDENCE, R.I., and COLUMBUS, Ohio (2/3/09)--Two letters written to newspapers in Rhode Island and Ohio emphasize credit unions as good alternatives to banks. Cidalia Rocha, chairman of the board of the Credit Union Association of Rhode Island and president/CEO of Columbus CU, Warren, R.I., noted in a letter to the Providence Journal Sunday that the state has 26 member-owned credit unions that meet the financial needs of one-third of the state’s population. “The nation and Rhode Island do have locally owned and operated credit unions that are focused on bringing value to the communities they serve,” Rocha wrote, adding that coverage of large banks in the media often casts a shadow over credit unions. Another letter, appearing in The Columbus (Ohio) Dispatch Jan. 28, encourages consumers to join credit unions. The writer, R.M. Baker, of Columbus, said that banks received a bailout from taxpayers, while credit unions didn’t. “Credit unions are more than willing to loan money for automobiles and for the purchase of new homes,” Baker wrote. “Maybe all of us should be considering joining credit unions, where customer service is more of a priority,” Baker said.
Other Resources

RSS print
News Now LiveWire
Thanks for following our tweets on the NCUA's #listeningsession.
9 hours ago
RT @IllinoisLeague: Mike Daugherty, CEO, Community Plus FCU: I'd like to you to reconsider your repeated 'No's' #listeningsession #fixRBC h…
11 hours ago
CU says definition of complex CU needs to be reviewed, and not just based on asset size. NCUA: We are looking at that. #listeningsession
11 hours ago
NCUA says lots of resources go 2 examiner training,but there's much turnover.Invites ideas on how to improve exam training.#listeningsession
11 hours ago
CU tells NCUA that more benefit could be gained by better examiner training than imposing this "unnecessary" RBC system at #listeningsession
11 hours ago