In This Issue
February 17, 2015
In the Media
February 6-17, 2015

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
Indiana Credit Unions in the Media
Source: Credit union submissions and Internet news reports. Some stories may require passwords for access.
Pharos-Tribune - by Ben Middlekamp 2/14/2015

Beacon CU and the Century Career Center in Logansport partnered on a financial literacy program called Banzai, which teaches students how to best structure finances. The credit union covers the cost of the program so it's free for schools that want to participate. (Password/subscription required)

wane.com - 2/13/2015

The credit union's plans to celebrate throughout the year are outlined in this story.

NWI Times - 2/13/2015

Members Advantage CU recently presented a check to the Service League of Michigan City. President Frank Beachnau is pictured with this story.

Elkhart Truth - 2/13/2015

Following its merger with INOVA FCU, Elcose FCU closed its headquarters building.

Credit Union Times - 2/13/2015
Purdue FCU's Jeffrey Poxon is mentioned in the "Midwest" section on this page.  
CBS4 WTTV-TV - 2/11/2015
FORUM CU's Andy Mattingly appears on the Indianapolis CBS station's "4 Your Money" segment.
Journal Gazette - by Paul Wyche 2/10/2015

Work has begun on a Fort Wayne road that is part of a project that will include a new branch of MidWest America FCU. 

South Bend Tribune - by Jim Meenan 2/7/2015

A new look is in store for Notre Dame FCU. This story includes comments from President/CEO Tom Gryp and a rendering that shows planned renovations. 

National and Wide-Reaching Coverage
Source: Credit Union National Association and other national sources. Some stories may require passwords for access.
The Hill - by Jim Nussle 2/13/2015

CUNA's Jim Nussle wrote, "We want to work with the Congress to remove regulatory barriers. If these barriers are removed, the impact that credit unions have on the financial lives of their members will be that much more significant and the economic contribution credit unions and their members make will be that much greater."

The Hill - by Lydia Wheeler 2/10/2015

CUNA is backing legislation introduced in the Senate by Sens. Jerry Moran (R-Kan.) and Heidi Heitkamp (D-N.D.) that would reduce how often credit unions must send privacy notices to customers. "The fact is that an annual privacy notice requirement is unnecessary, costly and confusing to our members," CUNA President and CEO Jim Nussle said.

Housingwire - by Trey Garrison 2/6/2015

The Credit Union National Association's estimates show that credit union membership expanded by 3.6%-the highest calendar year growth in membership since the 3.7% increase in 1994.

MReport - by Troy Barringer 2/6/2015

In addition to seeing their membership numbers cross the 100 million mark, U.S. credit unions reported another major milestone in 2014: their fastest annual membership growth rate in 20 years.

Yahoo! Finance - by Sienna Kossman of CreditCards.com 2/6/2015

"About 1 million jobs have been created in the past three months and that's the fastest three-month gain since 1997," said CUNA's Mike Schenk on the January employment numbers. Additionally, Schenk discussed consumer behavior to accompany economic growth, stating, "Consumer confidence has been rising and rising at pretty healthy rates over the last couple months, but I think we are just getting to the point where people are comfortable with the idea that this growth is sustainable and will probably have positive effects on their lives."