Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
CUNA commends effort to honor Americas CUs
WASHINGTON (6/11/08)—Dan Mica, president/CEO of the Credit Union National Association (CUNA), commended Reps. Carol Shea-Porter and Paul Hodes on their successful efforts to mark the 100-year anniversary of credit unions in America with a House resolution. The two New Hampshire Democrats witnessed their resolution, H.RES.1145, pass the House Tuesday by voice vote. The action honors the 100th anniversary of the founding of the first state-chartered credit union, St. Mary's Cooperative Credit Association of Manchester, N.H., and calls that event "the birth of the American credit union." Thanking Shea-Porter and Hodes for their effort on behalf of the country’s credit unions, CUNA’s Mica said, “The credit union movement is proud of its history and will continue to provide low-cost, convenient service to its member-owners.” The establishment of St. Mary’s Cooperative, Mica added, is “a very significant event in the history of credit unions and our nation’s financial system.” He noted the credit union difference: that as cooperative financial institutions, credit unions are owned and controlled by the people who use its services.


RSS print
News Now LiveWire
Why is a #creditunion a good fit for you? http://t.co/i4pGT98mkT via @MONEY
6 hours ago
The numbers are in: Home Depot data breach impact on #creditunions = $57.4 million, 7.2 million credit/debit cards http://t.co/jorYSOYuxj
7 hours ago
.@Nussle : We'll back off when retailers accept their breach responsibility #NewsNow http://t.co/7WxDXicb6j
9 hours ago
RT @asmarterchoice: RT @daily_finance: Top 5 money management tips for 30-somethings http://t.co/mWRfDRSTE7
9 hours ago
Operational efficiencies focus of new @CUNA program #NewsNow http://t.co/qBYHKVYeQN
10 hours ago