Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Wisconsin TV station features shared branches
MADISON, Wis. (8/12/08)--Just after NBC's broadcast of Friday's opening ceremonies at the Olympics in Beijing, a local newscast on the NBC affiliate in Madison, Wis., featured a story on credit unions and shared branching. John Stofflet and Leigh Mills, anchors on "15 News at Ten," noted that credit unions have a lot of benefits, including lower interest rates on loans and higher rates on savings. "So why don't more people use them?" they asked. The answer was convenience. "They don't have as many branches" as competitors, said Stofflet, who added, "Or do they?" They interviewed Sandra Smith, identified as a "credit union manager," who explained that many credit unions are joining shared-branch networks. "Credit unions are banding together to offer services in networks, like a credit union cooperative," said Stofflet. The broadcast also noted that some networks have kiosks in 7-Eleven stores. It displayed a list of CU Service Centers. The newscast also noted viewers could check out credit unions on the station's website. To view the broadcast, use the link.
Other Resources

RSS print
News Now LiveWire
Maine wracked by 100,000 compromised cards from #HomeDepotBreach http://t.co/edJuIOuBvO
5 minutes ago
@federalreserve Fed Reserve today said it will not propose any change to its cap on debit card interchange fees http://t.co/0vm600OMau
27 minutes ago
Sept. #NCUABdMtg is adjourned.
2 hours ago
.@TheNCUA : Positive TCCUSF net position does not mean that CUs will get a rebate. Final accounting likely in 2020 or 2021. #NCUABdMtg
2 hours ago
No Stabilization Fund (TCCUSF) assessment in 2014. #NCUABdMtg
2 hours ago