CONSUMER ALERT: Deadline Approaches for Consumers to Choose Overdraft Protection for ATM/Debit Card Transactions

Aug. 15 “opt in/opt out” deadline affects existing accounts at all financial institutions 

Columbus, Ohio (August 10, 2010) – Credit unions continue to notify members about a quickly approaching deadline that requires all financial institutions to obtain consent from members to pay for account overdrafts for automated teller machine (ATM) and debit card transactions.  Members with existing checking accounts should notify their financial institutions by August 15 if they want to “opt in” to overdraft protection.  No notification by the deadline will be deemed an “opt out” of overdraft and could mean consumers’ ATM and debit card transactions will be subject to decline.

Ohio Credit Unions Add 17,000 New Members in 12 Months - 10,000 in First Quarter 2010 Alone - Continue Record-Setting Growth

Small businesses also looking to Ohio’s credit unions more than ever
Columbus, Ohio (July 8, 2010) – More than 17,000 Ohioans have flocked to credit unions for their financial services, according to the first quarter 2010 results of the Ohio Credit Union Quarterly Performance Summary.  The March 31, 2009, to March 31, 2010, time period marks a record fifth straight quarter in which membership in Ohio credit unions has grown.  Credit unions grew by 10,000 new members in the first quarter of 2010 alone.  The anti-bank sentiment among consumers and a “flight to safety” are making not-for-profit, locally-based credit unions a popular alternative for consumers.

Ohio Credit Unions Mobilize to Defeat Interchange Legislation
Financial Reg. Reform Package ‘detrimental’ to credit union members; debit card fees likely for consumers
Columbus, Ohio (June 2, 2010) – An unintended provision in the U.S. Senate-approved Financial Reform Package has Ohio credit unions joining a national movement to help Congress understand how the harmful language will negatively impact credit unions, their members, and consumers across the country.  Credit unions are sending a clear message to Congress: Get rid of the Senate interchange amendment, which will increase consumers’ costs to use a debit card.

2010 Challenge: Ohio Youth Deposit More Than $4 Million in Savings
Nearly $25 million was deposited across the country
during the National Youth Saving Challenge
Columbus, Ohio (May 21, 2010) – Ohio youth collectively saved more than $4 million through deposits at 20 Ohio credit unions during the 2010 National Youth Saving Challenge, which took place in April.  The challenge is a nationwide effort to help young people understand the benefits of saving.  Nearly 10,000 Ohioans age 17 or younger deposited $4,170,769 into the 20 participating credit unions, with an average deposit amount of $420.

Ohio Credit Unions Commit More than $150 Million to Affordable Private Student Lending

Alliance of 11 Ohio credit unions collaborates to fill funding gap;

Credit unions have a combined field of membership

that includes the entire state
Columbus, Ohio (May 6, 2010) – With the gap between federal student loans and the cost of higher education increasing rapidly, a collaboration of Ohio credit unions has stepped forward to commit $150 million in affordable student lending to college-bound Ohioans.  Ohio Student Choice, an alliance of 11 credit unions across the state that each committed at least 1% of their assets to student lending, was officially introduced this afternoon at the Ohio Statehouse before state leaders, credit union supporters, parents, and college students.  The combined fields of membership of the participating credit unions encompass the entire state.

Flight to Safety Benefits Financial Cooperatives – Growth Continues Among Safe, Strong, Stable Credit Unions
Ohio credit union loans, deposits, and capital all show growth exceeding national averages
Columbus, Ohio (April 29, 2010) – Ohio credit unions are well-capitalized at 11.7% of assets collectively, a level higher than banks and thrifts around the state and nationally, according to the Ohio Credit Union Quarterly Performance Summary.  Growth was witnessed in nearly all of the economic indicators for financial institutions, including loans and deposits, which increased more than $600 million and $1.8 billion respectively from Dec. 31, 2008 to Dec. 31, 2009.  Membership increased nearly 30,000 during the same statistical period.

Ohio’s Own Claude Clarke Honored with Lifetime Achievement Award; Grandson Tim Clarke Bonow Accepts

Bill Burke, Jerry Gramke, Phil Buell, and
Seven Seventeen Credit Union also recognized
Columbus, Ohio (April 21, 2010) – Claude Clarke, author of the Ohio Credit Union Act of 1934, under which Ohio credit unions still operate today, was posthumously honored during the Ohio Credit Union League (OCUL) ZENITH10 awards ceremony in Cincinnati on April 15.  Clarke, who served as the initial manager of OCUL (1934 – 1936) and is a former Credit Union National Association President (1936 – 1938), was instrumental in amending the Federal Credit Union Act to exempt credit unions from taxation on real and tangible property.

Ohio Credit Unions to Legislators: “House Bill 317 is About Choice, Not Taxation”
Record number of Ohio credit union leaders converge on Ohio Statehouse for legislative meetings
Columbus, Ohio (March 24, 2010) – Legislation that would provide townships, schools, libraries and other public entities the choice of depositing their funds in Ohio credit unions (H.B. 317) highlighted discussions between more than 120 credit union leaders and the Ohio General Assembly during the 2010 Credit Union Day at the Statehouse on March 23.  A record number of participants attended 105 legislative meetings, stressing the benefits of keeping local government deposits within the communities they serve.

Credit Unions Capture Record Level of Auto Lending Market Share
Credit union membership grows by more than 53,000; Mortgage originations double
Columbus, Ohio (January 6, 2010) – Total auto lending market share increased to a record 18.2% at Ohio credit unions from Sept. 2008 to Sept. 2009 despite a decline in vehicle sales.  Similarly, first mortgage originations increased 51.9% during the same time period, totaling $1.37 billion in 2009 versus $904 million in 2008.  Membership also grew during the 12-month statistical period, as more than 53,000 Ohioans joined credit unions.

Get Fiscally Fit in 2010 with Financial Resolutions
Paying down debt, reviewing your budget,
and saving are keys to a fiscally happy New Year
Columbus, Ohio (December 22, 2009) – The end of the gift-giving season usually brings about one of two scenarios: you did not have enough money to spread as much holiday cheer as you would have liked, or, you spent so much money on friends and family that you find yourself deep in debt and with a drained savings account.  Avoid these situations one year from now by embracing the New Year and taking steps to strengthen your personal finances.

Consumers likely to exercise less spending restraint this holiday season, according to 10th annual CFA-CUNA Spending Survey
Washington, D.C. --  Consumers plan to spend more during the holidays this year than during the depths of the recession a year ago, but their spending is still expected to be more restrained than in prior years, according to the 10th annual holiday spending survey conducted by the Consumer Federation of America (CFA) and the Credit Union National Association (CUNA).

College Students vs. College Debt – A Growing Rivalry
Students Urged to ‘Beat Debt’; Credit Cards, Students Loans Average More Than $26,000 in Debt
(November 20, 2009)
Columbus, Ohio – A rivalry on the gridiron is less appealing if the results heavily favor one side.  The same is true in the game of life, and credit card and student loan debt are running up the score before students even enter the playing field.  Ohio credit unions are hosting “Beat Debt Day” on the campus of The Ohio State University to bring awareness to rising debt among students, share tips on how to manage debt, and familiarize students with available financial counseling resources.

Credit Unions Bring Relief to Struggling Ohioans While Celebrating ‘People Helping People’ Philosophy
October 15 is International Credit Union Day
(October 9, 2009)
Columbus, Ohio – Ohio’s 402 credit unions will join credit unions across the world in celebrating International Credit Union Day on October 15, 2009.  This year’s theme, “Your Money, Your Choice, Your Credit Union,” encapsulates the member-owner structure of credit unions. After a year that has posed economic and financial challenges for people across the country, this theme honors credit unions’ philosophy of putting people before profit in order to provide access to affordable financial services to all their members.

Credit Union Momentum Continues in 2nd Quarter ‘09 as Ohio Membership Increases by more than 30,000
Mortgage originations, auto loans surge in 12-month period; Assets, shares grow at faster rate than 1^st Qtr
(September 23, 2009)
Columbus, Ohio – The “flight to safety” trend continues in Ohio as tens of thousands of Ohioans have joined credit unions, taking advantage of lower loan rates, better savings rates, and fewer fees offered by financial cooperatives.  As a result, mortgage originations at credit unions are up 50.2% percent the past 12 months and credit unions’ share of the auto lending market now stands at 18.4% percent, more than 8 percentage points higher than 2^nd quarter 2008.

Credit Unions Boast the Fourth Largest Branch Network –  And it is Fee-Free to Members
Locations added at a rate of 1.5 per day; 255 branches in Ohio rivals large bank presence in state
(August 25, 2009)
 Columbus, Ohio – Without a doubt, the concept behind Shared Branching may lack traditional business sense.  Why would a credit union allow its members to conduct transactions at a branch of a different credit union?  The answer is simple: cooperation and convenience.  The Shared Branching cooperative has given more than 1.6 million credit union members in Ohio access to fee-free transactions at nearly 3,800 locations nationwide, making it the fourth largest branch network.

Credit Unions Provide Free Financial Education Resource to Parents, Educators – Declare Summer Break as “The Summer of Money”

www.MoneyAndSuff.info easy to use, free financial education resource
(June 1, 2009)
Columbus, Ohio – With thousands of Ohio school children embarking on an annual rite of passage – the end of the academic year – Ohio credit unions are stepping up their commitment to financial education by declaring summer break as “The Summer of Money.”  According to a survey of Ohio adults, commissioned by the Ohio Credit Union League, less than one quarter (23 percent) of Ohioans make any effort to encourage financial literacy in their families. And, only five percent were taught about personal finance when they were young.

Loans, Assets Spike Among Ohio Credit Unions in 2008
Year-end report shows 29% increase in mortgage originations; 4.8% increase in auto loans
(April 30, 2009)
Columbus, Ohio – Ohio’s 412 credit unions continued to lend amidst a national credit crunch and made significant gains in assets last year, according to the 2008 year-end report prepared by the Ohio Credit Union League.  Over the 12 months, loan growth increased more than 7.4%, compared to a negative loan growth in 2007 and an increase of nearly 5% in 2006.  Assets grew by nearly 7.4% over the same time period, compared to 1.4% in asset growth in 2007 and 4.9% in 2006.

Extraordinary Credit Unions, Individuals Honored at ZENITH09
Ohio Credit Union Movement celebrates achievements in not-for-profit philosophy
(April 28, 2009)
Columbus, Ohio – Inspiring leaders, innovative ideas, and cooperative philosophies within the Ohio Credit Union Movement were recognized by more than 500 credit union leaders during Ohio’s credit union convention, the Ohio Credit Union League ZENITH09, last week in Cleveland. Catherine Herring, CEO of Communicating Arts Credit Union in Cincinnati, and Gary Soukenik, CEO of Seven Seventeen Credit Union in Warren, received Claude Clark Political Inspiration Awards in the individual and credit union categories respectively. Ohio University Credit Union received the Desjardins Youth Financial Education Award and the Western Buckeye and Cincinnati Chapters each received a Spectacular Chapter Award.

Ohio General Assembly Hears Message: Credit Unions Safe, Sound, Secure
(April 1, 2009)
Columbus, Ohio  – Nearly 80 credit union leaders from across Ohio converged on Capitol Square yesterday to share insight into credit union initiatives with their state legislators.  In all, 82 meetings between Ohio General Assembly members and credit union representatives were held, with discussions centering on mortgage moratoriums and allowing credit unions to accept public deposits.

Looking for a New Year Resolution? Look No Further Than Your Wallet
Poor economy underlines importance of paying down debt, reviewing your budget, and saving
(December 30, 2008)
Columbus, Ohio – In 2009, the nation’s economy is predicted to resemble much of 2008, which makes understanding how to manage personal finances of paramount importance.  The only economy we can control as individuals is that of our own household, and doing so can add wealth in the short and long term. Read about five financial resolutions for the New Year. Try to tackle them all in 2009, or pick a few to help you propel yourself into a financially fit New Year.

Chrysler LLC Joins Expanded “Invest in America” Partnership

Chrysler extends pilot program to eight additional states, gives a combined 25 million credit union members access to $22 billion in low-cost auto loans.

(December 17, 2008)
Lansing, Michigan – After a successful launch of the "Invest in America" credit union loan partnership last week, Chrysler Corporation LLC announced it will join the partnership.  This gives 1,295 credit unions in Michigan, Ohio, Indiana and Illinois access to cash discounts for its members from two of America’s three domestic automakers and access to affordable financing on new vehicle purchases.

Ohio Credit Unions ‘Invest in America’ Through Partnership
Credit union members receive GM supplier discount; Midwest credit unions have billions to lend
(December 11, 2008)
Columbus, Ohio – More than 2.6 million Ohio credit union members can save money on their next vehicle purchase thanks to their state’s participation in the “Invest in America” partnership with General Motors.  Ohio is joined by Indiana, Illinois, and Michigan, which combined are offering more than $20 billion in available credit to consumers.  The program will be piloted in the four-state region with plans to go nationwide in early 2009.

Getting the Most Out of Your Holiday Budget
Tips on how to stretch a dollar as forecasters predict slow spending
(November 26, 2008)
Columbus, Ohio – Citing economic uncertainty, American consumers are sharply decreasing their holiday spending this year.  According to the ninth annual holiday spending survey conducted by the Credit Union National Association (CUNA) and the Consumer Federation of America (CFA), 55 percent of consumers said they are planning to reduce spending at least “somewhat,” with 27 percent of all respondents indicating that they plan to spend “much less than last year.”

Myth Busted:  Are Credit Unions Convenient?  Yes!
Many Ohio credit unions offer Shared Branching, no-fee ATMs, online account access; It is easy to find a credit union to join
(October 30, 2008)
Columbus, Ohio  – The myth that credit unions are less convenient than other financial institutions is busted.  Thanks to the Shared Branching network, thousands of no fee ATM locations, online account access, and strategic branch locations, 2.6 million credit union members in Ohio are benefiting from conveniences offered by credit unions’ collaborative efforts.  It is also easy to locate a credit union you can join at www.FindACreditUnion.com.

Credit Unions Belong to You
Credit unions and their member-owners celebrate philosophy behind cooperative financial institutions
(October 13, 2008)
Columbus, Ohio  – Ohio’s 424 credit unions will celebrate International Credit Union Day on October 16, 2008.  This year’s theme, “It Belongs to You,” recognizes the unique structure of credit unions, which are owned by each and every one of their members.  There are 2.6 million credit union members in Ohio who enjoy the benefit of outstanding services, secure deposits, and affordable loans.

2.6 Million Ohioans who Choose Credit Unions have Insured Deposits
Ohio credit union lending increases despite credit crunch
(September 26, 2008)
Dublin, Ohio  – Ohio credit unions are stable, safe, and sound in the midst of the current financial services market, according to the Ohio Credit Union League (OCUL). The deposits of 2.6 million credit union members in the state are protected up to at least $100,000, and in many cases more. 

Cleveland Area Leader, Visionary Rita Haynes to Receive National Award
(August 7, 2008)
Dublin, Ohio – Rita Haynes, CEO of Faith Community United Credit Union in Cleveland, will receive the prestigious 2009 Herb Wegner Memorial Award for Individual Achievement for her service to the underserved residents of Cuyahoga County.  Haynes, who has worked for the Cleveland credit union for more than 50 years, including the last 23 as CEO, has empowered thousands of individuals and families to improve their financial well-being through self-help, self-responsibility, democracy, and equity.  The Herb Wegner Memorial Award is the highest honor in the U.S. Credit Union Movement.  It will be presented at a dinner before 3,000 of her peers in Washington, D.C., in February.

Nearing Mandate Deadline, Credit Unions Reach Out to Ohio Schools
(August 6, 2008)
Dublin, Ohio – More than 800 letters were sent by the Ohio Credit Union League to guidance counselors throughout Ohio to remind them of an impending financial education mandate and introduce them to the free Web portal, www.MoneyAndStuff.info.  In 2006, the Ohio General Assembly passed legislation requiring all public high schools include financial education in their curricula by 2010.  With that deadline approaching, and as the 2008/2009 school year nears, credit unions are working with schools to help them meet the mandate’s requirement and provide much needed financial education basics to their students.

Visit from Bolivian Leaders Educates, Inspires Ohio CU League
(July 29, 2008)
Dublin, Ohio – A contingent of credit union and bank leaders from Bolivia visited the Ohio Credit Union League on Monday as part of a continuing partnership between the League, Corporate One Federal Credit Union (Corporate One) and the World Council of Credit Unions (WOCCU).  Through an interpreter, League staff briefed their guests on the services they provide to the 427 credit unions in Ohio and the impact of state and national regulations on not for profit financial institutions in the United States.

Ohio Credit Unions Financially Sound, Ready to Serve
(July 17, 2008)
Dublin, Ohio  – Ohio credit unions are safe, stable, and sound in the midst of an otherwise uncertain financial services market recently dominated by alarming headlines. These headlines have prompted questions among the more than 2.6 million credit union members in Ohio about how credit union deposits are protected. The Ohio Credit Union League is reminding credit union members that their deposits are protected up to at least $100,000, and in many cases more, and that credit unions are secure, strong, and ready to serve.

League Employee Retires After 36 Years of Dedication to Ohio Credit Unions
(June 26, 2008)
Dublin, Ohio  – When it comes to the Credit Union Movement in Ohio, Ohio Credit Union League Special Projects Manager John Rowley is an encyclopedia of knowledge, statistics, and history.  On a night when the League recognized his more than 36 years of service, Rowley shared his thoughts on the past, present, and future of credit unions in Ohio and thanked his colleagues for what he said has been a thousand-mile journey that began with a single step.

Ohio Foundation Grants $5,000 in Relief to Iowa Colleagues
(June 20, 2008)
Dublin, Ohio  – The Ohio Credit Union Foundation (OCUF) announced the disbursement of a $5,000 Disaster Relief Grant to the Iowa Credit Union Foundation to assist credit unions, their employees, volunteers, and members affected by the ongoing floods.  This is the first disaster relief grant issued by OCUF in 2008.

Ohio Foundation Celebrates $1 Million in Grants to Credit Unions
(June 11, 2008)
Dublin, Ohio – Ten years after it began fundraising, the Ohio Credit Union Foundation (OCUF) is praising its supporters, donors, and grant applicants and recipients as a recent grant brought the total amount of funds awarded to more than $1 million. Thanks to the efforts of OCUF trustees through the years, credit union outreach programs, financial education, professional development and disaster relief initiatives have been overwhelmingly supported, assisting hundreds of credit unions, their members, and communities.

School Break is the Perfect Time to Teach Money Management to Your Kids
(May 29, 2008)
Dublin, Ohio – It is never too early begin teaching your children basic financial principles like differing wants from needs, properly using credit and debit cards, saving, and budgeting.  Most students are about to embark on a nearly three month break from school, allowing time for parents to work one-on-one with their children to instill healthy financial practices.  Doing so is educational, engaging, and fun.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(May 23, 2008)
Dayton, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out. That’s why the Ohio Credit Union League (OCUL) launched a financial education initiative today in Dayton, called MoneyAndStuff™.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(May 19, 2008)
Whitehall, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out. That’s why the Ohio Credit Union League (OCUL) launched a financial education initiative today in the Columbus suburb of Whitehall, called MoneyAndStuff™.

Stringent Payday Lending Bill Passes Ohio Senate
(May 14, 2008)
Dublin, Ohio  – The Ohio Senate voted 29-4 today to approve substitute House Bill 545, landmark legislation that will impose some of the most restrictive regulations in the country upon Ohio’s payday lending industry.  The legislation, however, does not impact the StretchPay program offered by many Ohio credit unions to members as an alternative to short-term lending.

Credit Unions Provide Answer to Financial Literacy and 2010 Mandate
(April 30, 2008)
Columbus, Ohio – Less than one quarter (23 percent) of Ohioans make any effort to encourage financial literacy in their families according to research conducted by the Ohio Credit Union League.  The Ohio General Assembly addressed this growing public need by requiring financial education be taught in all public high schools by 2010 (SB 311, 126^th GA).  The Ohio Credit Union League launched MoneyAndStuff to help educators meet the state’s requirement and to arm parents with tools to teach money matters at home.

ZENITH08 Welcomes Ohio CU Leaders to Columbus
(April 22, 2008)
Dublin, Ohio  – Nearly 700 credit union leaders from Ohio and 300 exhibitors will descend on Columbus for the state’s annual credit union convention, ZENITH08, April 24 - 25.  The state’s largest gathering of credit unions boasts an agenda attractive to credit union CEOs, staff, board members, and guests.  The range of educational topics include enhancing technology for member services, benefits and drawbacks of mergers, “greening” your operations, tapping key members, and capitalization. 


Parents, Educators Should Spotlight Financial Literacy in April
MoneyAndStuff.info has free financial education curricula, games, and tips
(April 1, 2008)
Dublin, Ohio  – Ohio credit unions are recognizing April as Financial Literacy Month and reminding parents and educators about the importance of teaching financial education at home and in the classroom.  In 2006, the Ohio General Assembly created a mandate requiring financial education in all Ohio high schools by 2010.  However, the need for financial education is immediate, and the Ohio Credit Union League is arming parents and teachers with educational tools through their MoneyAndStuff initiative.

Shared Branching Sets Credit Unions Apart
(March 27, 2008)
Dublin, Ohio  – More than 80 credit unions in Ohio participate in Shared Branching, which allows credit union members to conduct brick and mortar transactions in all 50 states and in six foreign destinations.  Created with members’ convenience in mind, Shared Branching allows credit unions across the country to actually "share" their participating branches with each other, providing service to other credit union’s members.  Branches participating in the network are being added at a rate of 1.5 per day.

StretchPay Saved Consumers More Than $3 million in 2007
(February 28, 2008)
Dublin, Ohio  – A credit union alternative to traditional payday lending, StretchPay, saved members of thirty-one credit unions more than $3 million in 2007.  Collectively, credit unions in Ohio, Maryland, Michigan, and District of Columbia made 64,400 StretchPay salary advance loans last year totaling nearly $25 million. They accumulated $476,000 in fees and $187,000 in interest at an annual percentage rate (APR) of 18%. Members borrowing the same amount at traditional payday lenders – which typically charge $15 per $100 borrowed and up to 391% APR -- would have paid more than $3.7 million in interest and fees.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(February 19, 2008)
Hamilton, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out. That’s why the Ohio Credit Union League (OCUL) launched a financial education initiative today in Hamilton, called MoneyAndStuff™.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(February 19, 2008)
Cincinnati, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out. That’s why the Ohio Credit Union League (OCUL) launched a financial education initiative today in Cincinnati, called MoneyAndStuff™.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(February 11, 2008)
Toledo, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out. That’s why the Ohio Credit Union League (OCUL) launched a financial education initiative today in Toledo, called MoneyAndStuff™.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(January 9, 2008)
Lima, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out.

Make Your Financial Well-Being a Resolution in 2008
(January 04, 2008)
Dublin, Ohio  – The New Year is traditionally a time to reflect upon the past year and plan for the future.  Ohio’s credit unions and the Ohio Credit Union League are offering five resolutions that can help almost anyone improve their current financial status, an important aspect of overall health and happiness.  From learning how to monitor expenses through budgeting, to understanding and managing debt, make 2008 the year you improve your overall financial well-being.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(December 13, 2007)
Youngstown, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out.

Spending Tips for Holiday Shoppers from Credit Unions
(November 30, 2007)
Dublin, Ohio  – Ohio’s credit unions are reminding shoppers to spend wisely this holiday season by offering tips on how to spread holiday cheer without falling into unmanageable debt. It is common to open your hearts, and your wallets, when looking for the perfect gift. However, the holiday season can often leave those who overspend seeing more red than green.  Credit Union National Association Chief Economist Bill Hampel says that even though consumers are concerned about rising expenses, such as the price of gas, spending is likely to increase slightly this year over last.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(November 20, 2007)
Kent, Ohio – Have you had the “talk” with your kids yet? Only 23 Percent of Ohioans Encourage Financial Education. Most parents try to talk to their children about making the right choices when it comes to smoking, drinking and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(November 20, 2007)
Cleveland, Ohio – Have you had the “talk” with your kids yet? Only 23 Percent of Ohioans Encourage Financial Education. Most parents try to talk to their children about making the right choices when it comes to smoking, drinking and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out.

Lack of Financial Literacy in Ohio Discussed at Forum
(October 29, 2007)
Only five percent of Ohio adults recall being taught personal finances when they were younger.  This lack of financial literacy prompted the Ohio Credit Union League to focus on the critical need for financial education at the League’s 2007 Credit Union Forum on Public Affairs in Columbus.  Ohio Governor Ted Strickland addressed credit union leaders at the forum, reinforcing the importance of financial education and thanking credit union leadership for their commitment to providing financial education opportunities within their communities.

Credit Unions Celebrate Serving Their Members
(October 17, 2007)
Credit unions across Ohio and around the world will commemorate International Credit Union Day on Thursday, October 18, under the theme, “Credit Unions: Together We’re Better.”  Ohio’s 438 credit unions and 2.7 million members will celebrate the unique service that credit unions provide and the many ways families and communities benefit from the credit union difference.

Members pass Ohio Credit Union League’s dues proposal by wide margin

(September 10, 2007)
The Ohio Credit Union League’s proposed new dues model has been passed by its member credit unions by a margin of 77 percent. Fifty-eight percent of the League’s membership participated in the ballot process. The League’s 347 member credit unions voted via mail ballot between August 1 and August 31. The proposal was unanimously supported by the League’s board of directors.

Students learning critical financial skills thanks to Ohio credit unions
(October 31, 2006)
Students returned to school this fall to learn about subjects that will help them succeed in life. But one critical element missing from most Ohio primary and secondary school students’ curriculum is financial education. The average teenager has at least $1,500 of personal credit card debt when they enter college, according to MSNBC.com, because they didn’t learn personal financial skills at home or in school and fell into a cycle of debt early in life. Ohio’s credit unions are working to change that by teaching students sound financial practices that will result in a lifetime of wise financial decisions.

Credit Unions Reach Out, Offer Consumers Alternative to Payday Loans