Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Million Dollar Community Challenge passes goal
TINTON FALLS, N.J. (10/19/11)--United Teletech Financial CU’s Million Dollar Community Challenge ended Sept. 30, with credit union’s members saving more than $1.83 million in loan interest, while also bringing money back into the community. The campaign challenged community members to save a million dollars in interest. “Community members not only accepted the challenge, but far surpassed our expectations for how much they saved,” said Leo R. Ardine, CEO of $291 million asset United Teletech Financial FCU, Tinton, N.J. He added that by participating, “they not only helped themselves but the community as well.” The challenge benefited five charities:
* Big Brothers Big Sisters of Monmouth & Middlesex Counties; * Clean Ocean Action; * FoodBank of Monmouth & Ocean Counties; * Monmouth County Society for Prevention to Cruelty to Animals; and * The Salvation Army-Red Bank Corps.
Each charity was awarded $1,000. As the top two finishers in a public vote, Big Brothers Big Sisters of Monmouth & Middlesex Counties and the FoodBank of Monmouth & Ocean Counties will each receive an additional $4,000 donation. “This campaign has been about more than just saving money on interest rates,” Ardine said. “The challenge has created an educational opportunity for people to become informed on making sound financial decisions and to become more aware of the importance of helping local charities.”


RSS print
News Now LiveWire
Stay tuned for News Now as technical difficulties are addressed.
2 hours ago
Looking for a summer vacation savings account? @GOBankingRates has a #creditunion for you. http://t.co/PCCifO7q62
2 hours ago
.@wichitaeagle highlights #MidAmerican #CreditUnion in Wichita and how it focuses on members w/a personal touch http://t.co/Ut3oUWUCkl
2 hours ago
If you got a tax refund, put some aside, #VisionsFCU financial specialist tells @WBNGActionNews http://t.co/TuHsbeNdzb
18 hours ago
.@CUNA staff bring back "Pressing Issues" quarterly conference calls http://t.co/7XQMpcIqD1 #CUNAComply
21 hours ago