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

Washington
Rep. Holmes Norton notes CUs responsible lending
WASHINGTON (2/24/09)—U.S. Rep. Eleanor Holmes Norton (D-D.C.) told a crowd of more than 4,200 credit union representatives Monday, “Congress knows credit union have been responsible” financial institutions. Addressing the opening general session of the Credit Union National Association’s (CUNA’s) 2009 Governmental Affairs Conference (GAC), Holmes Norton praised credit unions for being responsible lenders. “You serve your members. You serve your communities. You are cooperatives.” She noted that credit unions are not responsible for the current problems in the country’s mortgage markets, because they did not make the kinds of loans that have caused the upheaval. During an introduction of the congresswoman, Mike Beall, Maryland and District of Columbia Credit Union Association president, reminded attendees that Holmes Norton was instrumental in turning around a credit union conversion.


RSS





print
News Now LiveWire
Consumer spending is slumping #Market #Economy http://t.co/RI4HS68IuJ
15 hours ago
April is #NationalFinancialLiteracyMonth & @TheNCUA Chair Matz urges #creditunions to help members learn to manage/protect their finances.
16 hours ago
Fed. FI regulators' statmnts on compromised credentials/destructive malware #cybersecurity http://t.co/f4uTBDm1PU http://t.co/zP5Iw6VxZc
18 hours ago
Home prices rising faster than wages: @RealtyTrac #NewsNow #Market http://t.co/wa74mnw3Cu
20 hours ago
.@Nussle dropped by the @ACUMuseum recently. Read about his visit http://t.co/bYe8RRgYLP
20 hours ago