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In the Media
May 20-June 1, 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
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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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Inside Indiana Business - 6/1/2015
Three Rivers Credit Union Foundation donated over $94,500 to local organizations in the first half of 2015.
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Banner Graphic - by Jay Lockett 5/30/2015
Teachers CU is a sponsor of the scholarship. TCU staff members are pictured making the presentations.
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KPC News - by Steve Garbacz 5/29/2015
LEAP of Noble County was selected as one of 10 area agencies to receive grants from the Three Rivers Credit Union Foundation. (Password/subscription required)
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Credit Union Times - by Peter Strozniak 5/28/2015
The Indiana Credit Union League is one of 60 named plaintiffs in the class action lawsuit against Home Depot, which was filed last week in the U.S. District Court in northern Georgia. Other plaintiffs include credit unions, CUNA, other leagues and banks. The lawsuit is a response to last September's Home Depot data breach where 56 million credit and debit cards were compromised, with costs to U.S. credit unions of nearly $60 million.
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Northwest Indiana Life - 5/21/2015
Members Advantage Credit Union and its generosity to the community is featured in this story which also includes a video that describes the ways the credit union's donations are used by the Service League of Michigan City. (video is 1:54)
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WFIE NBC - 5/20/2015
Heritage FCU's Ruth Jenkins appeared on WFIE's "Ask the Expert" program to discuss credit scores.
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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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FORBES - by Ryan Ellis 5/28/2015
Ryan Ellis, of Americans for Tax Reform, reveals the real reason behind banks' recent attacks on credit unions' tax exempt status, "It's about one industry player trying to mug a competitor with higher taxes." The motives behind these attacks aren't for tax reform but purely to tax their competition, credit unions. Taxing credit unions would shift the power in the financial industry to the banks, thus achieving a market advantage.
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Credit Union Times - by Tina Orem 5/26/2015
Consumers rate the customer service they receive at credit unions higher than the service at some of the nation's most popular companies including Panera Bread, Lexus, Costco, Whole Foods and Marriott according to the 2015 Temkin Customer Service Ratings.
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Main Street - by Jason Notte 5/21/2015
While unemployment numbers are at their lowest point since 2008, young Americans still don't necessarily like their odds for getting ahead. CUNA's VP of economics and statistics, Mike Schenk, offers a solution to prospective students - start saving early. "From a savings perspective, one of the most powerful financial decisions younger people make is when to contribute to a retirement plan and how much to contribute," says Schenk. "The sooner you can contribute and the more you can contribute, the better off you are."
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Seeking Nominees for League Awards Programs
To nominate someone for any of the League awards, or to enter the statewide portion of CUNA's Awards programs, visit the League website.
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