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In the Media
July 19-25, 2016
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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Fort Wayne Business Weekly - 7/21/2016
From car salesman to credit union CEO
This story introduces Clinton Miller, new CEO at General CU. He began his career at Enterprise Rent-A-Car, where he worked for three years, including as a member of the sales division. He talks about his career path, which includes positions at General CU and at CUNA Mutual Group. Miller also explains the member-owned structure of credit unions and their appeal to the millennial way of thinking, saying, "I'm a millennial, and I often hear my generation talk about being local, shopping local and buying local. But how often do we support local financial institutions? I'm in the business of people helping people." (Password/subscription required).
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CU Insight - 7/21/2016
Purdue Federal, Brees Dream Foundation give $50,000 to Purdue Athletes Life Success program
President/CEO Bob Falk is shown presenting the check to the director of PALS, which provides sports, fitness, life and health instruction to area youth.
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CU Insight - 7/21/2016
Purdue Federal opens newly renovated 26 Crossings Branch
The credit union's renovated office includes personalized service, modern furnishings, a kids' station, an interactive ATM and complimentary beverages.
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CU Insight - 7/20/2016
Solidarity Community Federal Credit Union announces new CEO
The credit union will welcome Melissa Domingues effective August 8.
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WFIE - 7/20/2016
Ask the Expert
Heritage FCU CEO Ruth Jenkins appears on "Midday with Mike" to discuss check fraud, and she offers tips for viewers to prevent check fraud.
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WTTV CBS 4 - by Marianne Lyles and Tim Doty 7/20/2016
Don't bust your summer budget
FORUM CU's Andy Mattingly appears on the Indianapolis CBS station's "4 Your Money" segment.
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Current in Noblesville - 7/19/2016
Marketing award given
Harvester Financial CU received the Gold MAC Award from the Marketing Association of Credit Unions. The award recognized the credit union's new logo, and it was presented at the MAC Conference in Las Vegas in June. (Story appears on page 16 of the online publication, in the Dispatches section.)
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Valpo Life - 7/19/2016
Mark your calendars for this year's Stuff a Bus with First Trust Credit Union
Representatives from the credit union are pictured with one of the school buses they will be stuffing. This is the 13th year for the program.
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LaPorte Community Life - 7/19/2016
First Trust Credit Union branches are currently collecting back to school supplies and they need your help!
Four credit union branches and the schools they are supporting are listed.
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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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CU Today - by Jim Nussle 7/21/2016
Anniversary of Dodd-Frank? It's been a big dud, frankly
CUNA President/CEO Jim Nussle marks the sixth anniversary of the Dodd-Frank Act by calling it a 'big dud.' "No matter the intentions--which were clear, as Congress embroidered the words "Wall Street Reform" into the name of the bill--the consequences have been incredibly problematic for credit unions and, more importantly, to their consumer-friendly financial products and services," explained Nussle. According to CUNA's regulatory burden study, compliance costs have risen nearly 100 percent between 2010 and now.
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Washington Post - by Anne Gearan 7/21/2016
Liberals criticize Kaine for supporting regulations pushed by banks
Tim Kaine (D-Va.), who was later named as the Democratic vice presidential nominee, signed a bipartisan letter on July 18 urging the Consumer Financial Protection Bureau to "carefully tailor its rulemaking" regarding community banks and credit unions so as not to "unduly burden" these institutions with regulations aimed at commercial banks. At issue are compliance rules under the post-recession banking law known as Dodd-Frank. Kaine said,"It's important you don't treat every financial institution the same," he said. "It wasn't credit unions that tanked the economy, it wasn't local community banks that tanked the economy, generally wasn't regional banks that did things that tanked the economy."
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Keep up with information from the League
Messages that the League sends to Managers/CEOs at affiliated credit unions area archived on the League's website (password protected), and they are shared in the weekly League Link email, which is sent to affiliates on Fridays. Send your contact information to Kay Neidlinger if you want to receive League Link, or check the website to keep up with the latest information from the Indiana Credit Union League.
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