Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Montana CUs small loans increase 26 in 4Q
HELENA, Mont. (2/11/11)—Montana Credit Unions for Community Development (MCUCD) reported an increase of more than 26% in small loans for the fourth quarter of 2010 from credit unions tracked by the organization. MCUCD attributed the growth to a statewide public awareness campaign it ran last year to educate Montana consumers about the availability of small loans at credit unions. The campaign was made possible by a National Credit Union Foundation (NCUF) grant though the REAL Solutions program. The fourth-quarter growth is part of a continuing trend. MCUCD reported that loans during the quarter increased by 26.7% from the third quarter, following a similar gain of 24.4% that quarter. The statewide awareness campaign ran in September and October. It included public-service announcements that were broadcast statewide on television and radio. The ads informed consumers that most credit unions make loans as small as $300. At the same time, credit unions, nonprofit partners and other interested groups distributed campaign materials developed by MCUCD to members and clients statewide.
Other Resources

RSS print
News Now LiveWire
September is National Preparedness Month. Read how your CU can get ready in #NewsNow #NPM @AgilityRecovery @Readygov
3 hours ago
Bay Area #creditunions featured in @SFBusinessTimes article http://t.co/SE7W81Ulia
5 hours ago
#NewsNow: 8 CU advisory board, new senior leaders named at @CFPB. http://t.co/EPKgHEDRRN
7 hours ago
#NewsNow: @FTC warns of government impostor scams. http://t.co/MMWBOcrqwJ
7 hours ago
Registration open for @CUNAMutualGroup's Discovery Conference #NewNow http://t.co/CATF0j9ct1
7 hours ago