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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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Pal-Item - 12/6/2014
Natco CU's first-place national Dora Maxwell Award achievement is covered in this column.
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South Bend Tribune - 12/3/2014
Elcose FCU will soon become part of INOVA FCU.
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News-Sentinel - 12/3/2014
ProFed FCU will donate $15,000 to Ivy Tech Community College Northeast's New Venture Competition.
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WXIN Fox 59 - by Lindy Thackston 12/3/2014
FORUM CU Mortgage Consultant Wendy McClellan comments for this story.
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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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CNBC - 12/1/2014
"Consumers overspend each holiday season. It's just what people do. What's not OK is to spend recklessly," Mike Schenk, vice president of economics and statistics for the Credit Union National Association, said in an interview with CNBC's "Closing Bell." Schenk believes that using a credit card is a safe way to approach holiday shopping as long as consumers quickly pay down the debt to avoid high interest.
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Fox Business - by Donna Fuscaldo 11/28/2014
Michelle Dosher, managing editor at the Credit Union National Association, gives advice on financial gifts. She advises grandparents to start with something as simple as a piggy bank with money in it for young children - they will love unwrapping it, it's a gift they can continue to add to throughout the year and it's a great way to teach them about saving. For young adults who are graduating college, Dosher says a unique gift, and one that will come in handy as they head out into the real world, is to purchase one or two sessions with a financial advisor. They can get the basics on investing and savings which will undoubtedly come in handy.
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CBS Moneywatch - by Jonathan Berr 11/25/2014
As they head into the holiday season, many consumers are maintaining a tight grip on their wallets. A survey by the Consumer Federation of America and the Credit Union National Association found 33 percent of respondents said they plan to spend less during the holidays, while 10 percent said they would spend more. Last year, 13 percent said they would increase their purchases, and 32 percent said they would cut back. These figures are marked improvement from 2008, during the height of the financial crisis, when 58 percent said they would spend less. Spending will rise modestly, though the survey found that many people have "significant concerns about their personal finances," according to Mike Schenk, CUNA senior economist.
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