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In the Media
Nov. 18 - Dec. 15, 2014
This collection of positive 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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Elkhart Truth - by Tim Vandenack 12/15/2014
League Director Dallas Bergl (INOVA FCU) and his wife, Dawn, were interviewed and pictured for this story.
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The Michigan City News-Dispatch - 12/13/2014
A photo of the presentation accompanies this story.
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Indianapolis Business Journal - by Jared Council 12/11/2014
This story refers to recently released NCUA data. League President John McKenzie comments.
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WXIN Fox 59 - 12/11/2014
FORUM CU's Andy Mattingly appears on the station's "Money Matters" segment.
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La Porte County Life - by David Dabagia 12/11/2014
The credit union donated $2,500 to the Salvation Army. Several pictures are shown, including one of President Frank Beachnau making the presentation.
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Credit Union Times - by Myriam DiGiovanni 12/10/2014
In a winner-take-all friendly competition, Notre Dame FCU President/CEO Tom Gryp issued a challenge to USC CU president/CEO Gary Perez in advance of a big football game.
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This blog post from Callahan & Associates mentions one Indiana credit union among the top 10 with the largest number of MBL originations.
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News-Sentinel - 12/8/2014
ProFed FCU promoted four staff members: Kristina Knipstein, Kristi Lockwood, Magan Stuby and Bridgette Tabor.
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Daily Journal - 12/5/2014
Indiana Members Foundation donated $1,200 through its Canvas for a Cause initiative. (Password/Subscription required)
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Portage Life - 12/4/2014
REGIONAL FCU's Ima Torres comments in this story.
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WCSI News/Talk 1010 - 11/18/2014
Centra CU is a community partner for this effort.
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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 Hill - by Jim Nussle and Camden Fine 12/15/2014
CUNA CEO Jim Nussle and Independent Community Bankers of America (ICBA) President/CEO Cameron Fine penned a joint column to make their case that Congress must take a closer look at the issues surrounding data breaches and pass legislation to protect consumers by taking steps to enhance data-security standards for merchants.
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The Hill - by Cory Bennett 12/11/2014
Retail associations on Thursday attacked the credit union industry about the losses credit unions incur as a result of data breaches. CUNA set the record straight that such statements from the retailer groups are merely attempts "to help merchants dodge responsibility for the losses they cause when they fail to secure consumer's private data," CUNA President and CEO Jim Nussle said. "The leaps made in the document are, to us, a curious threat to any perception of reality."
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VICE - by Timothy J. Burger 12/10/2014
"We have some members that may be interested in serving these [marijuana] businesses," Ryan Donovan, SVP of legislative affairs said. "We've got no position on marijuana. What we want is credit unions to be able to serve their members and to do so in compliance with the appropriate state and federal laws." Donovan noted that Colorado last month chartered what may be the first weed-oriented credit union, The Fourth Corner Credit Union, which is now awaiting a Federal Reserve master account number and is set to open its doors soon.
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Fierce Retail IT - by Laura Heller 12/10/2014
"Data breaches at retailers have cost credit unions and their members a minimum of $90 million--and those are the costs only for breaches at Target, for $30 million, and Home Depot, at nearly $60 million," said Credit Union National Association President and CEO Jim Nussle. "With the many other breaches that have also occurred--at Staples, Neiman-Marcus and others--certainly credit unions have incurred millions more in costs this year."
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YAHOO Finance - by Dana Dratch 12/9/2014
Michelle Dosher, managing editor for the consumer education department of the Credit Union National Association, lets readers know that a low-limit credit card is definitely an option at credit unions.
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Fox Business - by Donna Fuscaldo 12/5/2014
Shopping early may seem overwhelming but it turns out it can be a great defense against impulse buying. If you wait to the last minute you may end up paying more or purchasing more in a fit of desperation. Shopping early "gives you more time to find the 'right' gift and avoid impulse decisions which too often leave you less happy with your purchase," says Mike Schenk, senior economist at the Credit Union National Association.
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