Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Virginia league returns 300000 in dues to CUs
LYNCHBURG, Va. (12/29/09)--The Virginia Credit Union League will return $300,000 in dues payments to its member credit unions. Each affiliated credit union will receive a rebate of 20% of its 2009 dues payment. The league is able to finance the rebate because it recently sold stock it held in a shared branching operation. The league board thought it was prudent to sell the stock given the premium the league were paying, according to league President Rick Pillow. “We know many of our credit unions have had a challenging year financially given the economy and corporate stabilization costs,” said league Chairman Stan Leicester. We hope the dues rebate will help our credit unions cope with their budgetary challenges.” This is the first time the league has been able to rebate part of credit unions’ dues payments. Rebate checks were mailed Dec. 18.


RSS





print
News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda http://t.co/gFIhRhUCts
1 day ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief. http://t.co/TMTubG9Afk
1 day ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today: http://t.co/ep5…
44 minutes ago
Seriously underwater homes rise, new-home sales tumble News Now: http://t.co/2LzWTkqnES
45 minutes ago
#NewsNow Cornerstone Foundation awards $71K in grants http://t.co/Y6D8K9rwWv
2 hours ago