Credit Union Memberships Reached 100 Million!

From the NEWS NOW article at CUNA (Credit Union National Association) Dated 08/07/2014

MADISON, Wis. (8/7/14)--The Credit Union National Association's announcement that America's credit union membership has topped 100 million was cause for celebration, and one that was noticed by media outlets across the nation.

Within hours of Tuesday's announcement of the milestone, The Washington Post's WonkBlog column cited CUNA interim President/CEO Bill Hampel, who shared the numerous benefits of credit union membership such as lower fees, higher savings rates and lower loan rates as well as increased awareness and broader membership eligibility.

"In the old days, people would have thought 'those credit unions sound like a good deal, but I don't think I can get into one,'" Hampel told The Washington Post. Now, the article noted, there is both greater eligibility and broader awareness.(Read more...)