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
Senate Finance chair recognizes CU efforts
WASHINGTON (3/7/08)--Credit unions know that there’s no place like home, and they also know that without homes there is no community—which is why they work to keep members in their homes, according to Sen. Max Baucus (D-Mont.), another Governmental Affairs Conference (GAC) closing session speaker. Baucus touched on the problems triggered by the subprime loan debacle, highlighting credit unions’ community investment. In addition to creating affordable loans, credit unions help by providing financial education and free income tax assistance, Baucus said. “Credit unions are helping the next generation be wise with money,” he said. The senator encouraged credit unions to take advantage of the opportunities and continue helping. Credit unions have played a large role in Montana and nationwide by making loans that are not predatory, he added. “Credit unions are the foundation of the community,” he said. “They can demonstrate the benefits of cooperative lending.” The GAC was presented in Washington by the Credit Union National Association this week.


RSS





print
News Now LiveWire
20 breakout sessions available at @CUNA's April lending school #creditunions http://t.co/eTK0fVO0RK
6 hours ago
.@CoreLogicInc: Jan. home prices jump nearly 6% annually #Market #NewsNow http://t.co/DoDtHhjvaw
7 hours ago
CU Effect: @StLouisComm collaborates to save homes with FHLB grant #NewsNow http://t.co/fxX8EhouUj
12 hours ago
#NewsNow March 31 deadline for Biz Kid$ fin. ed grant application http://t.co/5AD5ZYPLEU
13 hours ago
.@CUNA sends letters on @RepAndyBarr QM bill, @RepMickMulvaney @NCUA budget transparency bill #NewsNow http://t.co/cRAk46ALeD
15 hours ago