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The Golden 1 CU, Sacramento, takes mega-banks to task with billboard ad campaign. Wed NN.
THe U.S. House Majority Leader has announced there are no votes expected in the House this week.
Vote for 2010 ICU Day Theme. http://www.cuna.org/icuday
The federal government is closed today due to continuing snow. CUNA's Washington office is closed. Its Madison, Wis., office remains open.
CUNA quoted in Wash. Post article on CU biz lending, "Credit unions seek larger share of business loans" http://tinyurl.com/yhtz33z
GM, Chrysler CU discounts to continue though year-end
LANSING, Mich. (7/13/09)--General Motors (GM) and Chrysler credit union member discounts as part of the "Invest in America" program will continue through the end of the year, the Michigan Credit Union League announced Thursday.
"Invest in America" is credit unions' auto loan discount program with auto manufacturers General Motors Corp. (GM) and Chrysler Corp. The program started in December with a four-state pilot program for GM and a 12-state pilot for Chrysler.
The program's sales totaled 35,938 in June, the league said. Of Chrysler's sales in June, 26% came through "Invest in America."
The number of GM and Chrysler car sales facilitated through the program so far--December through June--is 175,261. The program is on pace to sell 300,000 vehicles this year.
To date, 140,209 loans value at $2.8 billion combined have been made through credit unions as part of the program.
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