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In the Media
July 21 - Aug. 4, 2014
This collection of news about credit unions and their activities is assembled from a variety of sources on the Internet and from credit union submissions. Note: links used here are external and the League does not control their expiration dates. To share news from your Indiana credit union: send story links to Kay Neidlinger. You can also read more about credit union's community service efforts--and contribute information at the Commitment to Change website
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Indiana Credit Unions in the Media
Source: Credit union submissions and Internet news reports. Some stories may require passwords for access.
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Credit Union Journal - 8/4/14
In slide #3, Financial Health FCU CEO Chris Wardrip is pictured making a donation to Riley Hospital of a boxed set of DVDs of the TV show "BizKid$."
In slide #16, the group Credit Unions for a Cause, which represents four credit unions, is shown at the Muncie Relay for Life event, where the group raised $18,328.
In slide #21, Members Advantage CU's Shred Day and Food Drive is featured.
In slide #22, two Indiana Members CU staff members are pictured as they receive awards at the annual Leadership and Volunteerism Summit.
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Credit Union Times - by Myriam DiGiovanni 8/3/14
FORUM CU's Jenny Budreau is one of Credit Union Times' "Women to Watch." Nicknamed by the magazine as "The Servant Leader," she will be featured in the magazine's Aug. 6 issue. Her featured profile and a video interview are online now.
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Indiana Heartland FCU awarded scholarships to two students at Indiana University Kokomo.
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Notre Dame FCU partnered with a South Bend TV station and area businesses for Pack-A-Backpack. The effort helped more than 5,000 children.
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Indianapolis Business Journal - 8/2/14
FORUM CU's Andy Mattingly comments for this story. "We have found that, even though they are very much a connected generation, specifically those under age 27, just having advanced technology offerings doesn't guarantee success in attracting them. An unusual characteristic is that, when first opening an account, millennials are more likely to research online and open [the account] in person." (Subscription/password required).
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WTHR 13 - by Rich Van Wyk 8/1/14
Indiana Members CU provided school uniforms and more for students at IPS #44. The credit union's work is featured in this news story and staff members are shown.
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FORUM CU's Andy Mattingly appears on Fox 59's "Money Matters."
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The credit union's new relationship with the car dealership is the subject of this story.
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Steven Piekarski was promoted at ProFed FCU.
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Two credit unions -- First Trust CU and Members Advantage CU -- are participating in this effort.
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Inside Indiana Business - 7/21/14
In its call for entries for 2015 recognition, The Indiana Chamber of Commerce mentions Purdue FCU as a first-place winner in the 2014 competition.
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National and Wide-Reaching Coverage
Source: Credit Union National Association and other national sources. Some stories may require passwords for access.
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The Street - by Tim Mullaney 7/30/14
CUNA's chief economist Mike Schenk says the economy will grow at a 3% clip in the second half and 3.75% next year. Consumer confidence has picked up notably in recent reports, and Schenk points out that the country has its oldest stock of durable goods like furniture and appliances since World War II. Like housing, the durable goods cycle gives the recovery an obvious place to find its next stage of growth.
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The Street - by Tim Mullaney 7/30/14
"We've seen a lot of good news, but you can't discount what people have been through," said Mike Schenk, CUNA's chief economist. Workers and companies alike need more time with easy financial conditions to recover from all the damage done to asset values, business confidence and, most of all, ordinary people's incomes.
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The Street - by Joe Deaux 7/29/14
CUNA's chief economist Mike Schenk says that consumer confidence looks solid, but that in other recoveries the number should be above 100. Schenk says what gives him optimism is that consumers aren't just saying they're more confident, but they're also taking out more loans and acting more upbeat than they have since the beginning of the 2008 financial crisis.
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Marketwatch - by Sital S. Patel 7/29/14
CUNA Chief Economist Mike Schenk comments in the timeline at 12:45 p.m. in the Economy & Consumer Section: "Wage growth has been basically flat for the last seven years. Consumers are probably feeling good about the improvement in the employment picture, but it's not all rosy for American households. In a recent survey, less than half of households say they are better off now than they were a year ago."The economy is still down 3 million jobs in manufacturing and construction.
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Indiana Credit Union League
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Indianapolis, IN 46250
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