Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Poll Many Maryland and D.C. voters are CU members
COLUMBIA, Md. (7/17/08)--With the presidential election time just around the corner, a recent poll reveals that large proportions of Maryland and Washington, D.C. voters are credit union members. Of all Maryland voters, 48% are credit union members. Of all D.C. voters, 39% are members of credit unions, according to the Maryland and District of Columbia Credit Union Association. “This data demonstrates the popularity of credit unions as the preferred alternative to for-profit financial institutions,” said Mike Beall, association president. “Voters have realized that they save money by using credit unions, which are locally owned, for their financial services needs.” The poll, conducted by Garin Hart Yang for the association, was done by a telephone survey of 501 voters in Maryland and 254 voters in DC June 2-5. The poll further provides demographics of credit union membership in both Maryland and D.C. Among Maryland voters, 46% of men and 49% of women are credit union members. In terms of race, 45% of whites and 54% of African-Americans belong to credit unions. And those in the middle age categories are more likely to be credit union members--ages 18 to 34 (33% are credit union members); 35 to 49 (59%); 50 to 64 (52%); and 65 and over (39%). Among voters in D.C., 41% of men and 38% of women are credit union members. Among white voters, 32% are credit union members, while among African Americans, the proportion increases to 45%. D.C. voters ages 40 to 59 (46%) are more likely than their younger and older counterparts to be credit union members (35% of 18 to 39 year olds, and 34% of those 60 and over are credit union members.)
Other Resources

RSS print
News Now LiveWire
St. Louis treasurer taps #creditunion to serve unbanked #NewsNow http://t.co/lWtcezJOej
13 hours ago
.@CUNAMutualGroup has committed $35K to @trustdotcoop over the next year to suppor the future of #creditunions.
14 hours ago
.@madison_mag gets the cooperative scoop from @SummitDoMore's @kimsponem http://t.co/RxSCeSegie
14 hours ago
.@VantageWestCU emeritus chairman Whittaker inducted into @DCUC_HQ Hall of Fame http://t.co/dpeP4ME49U
16 hours ago
Australian newspaper covers Gen Y tips from @ServusCU at @WOCCU conference http://t.co/xqmLfZVwaI
17 hours ago