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.
Slide #3: The Indiana Credit Union Foundation, the TCU Foundation, the National CU Foundation and Teachers' Treasures combined to provide financial literacy resources that will benefit thousands of students in Central Indiana. TCU Foundation Executive Director Karol Griffin is pictured.
Slide #7: A team of IU Credit Union employee volunteers and their families went to the Hoosier Hills Food Bank. Team IUCU helped bag nearly 41,000 lbs. of Red Delicious apples for distribution in Monroe and other counties. Separately, IU CU donated $25,000 toward Ivy Tech Bloomington's new student success center.
The building that has long served as the gateway to the Indiana State Fairgrounds is now sponsored by a credit union - it will be known as the Elements Financial Blue Ribbon Pavilion. (Password/subscription required)
Your best bet where your children bank may be where fees would be determined by your overall balance and you could link accounts - this includes credit unions which are among the last bastions of free checking accounts. "The difference between credit unions and banks is that credit unions are not-for-profit and owned by depositors," says CUNA's Mike Schenk, vice president of economics.
CUNA's Susan Tiffany suggests a three-pronged approach for addressing financial problems early: set a goal, make a decision once and automate it and sleep on it. "You're not born having self-confidence about managing your finances... If you really don't know where to start, all you need is someone to give you a template."
