NAFCU, in the press, touts CUs’ focus on members during shutdown
|| NAFCU's Dan Berger notes CUs' concerns about the
ongoing shutdown in a report by CNN's Karin Caifa that
was distributed to affiliates last week.
Oct. 15, 2013 – NAFCU and its member credit unions pointed to the uncertainty surrounding the federal government shutdown and what credit unions are doing to help ease members’ financial worries in news reports last week by CNN and Federal Times.
NAFCU President and CEO Dan Berger, in the CNN report, highlights credit unions’ concerns about how much more time will pass before the shutdown ends. Justice FCU President and CEO Peter Sainato discusses the kinds of choices members are considering as they manage their monthly obligations with reduced incomes.
In a report by Federal Times, which reaches all branches of the federal government throughout the country, NAFCU Associate Director and Military Liaison Quincy Enoch discusses the variety of shutdown assistance programs in place at dozens of credit unions that have had themselves listed on NAFCU’s Credit Union Federal Shutdown Assistance web page and elsewhere. Enoch says these programs are “more rigorous” than what members may find at banks. Credit unions “really step up to the plate,” he says.
The same report quotes representatives and members of State Department FCU, Navy FCU, Pentagon FCU, HEW FCU and Energy FCU – all credit unions serving membership fields directly affected by the current impasse over funding of government operations.
The report says some 2.1 million federal government workers and contractors are feeling the effects of the current shutdown.
Federal Times report
CUs' shutdown assistance programs