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Press Releases - 2013

  • MI Credit Unions Get Unanimous Support from State’s Congress Members as Tax Fight Looms

    Michigan’s entire congressional delegation – all 14 U.S. representatives and two senators – have unanimously voiced support for credit unions and their mission as the nonprofit financial institutions fight to stop a federal tax increase that will affect its 4.6 million Michigan members and all consumers. The show of formal congressional support was announced today by the Michigan Credit Union League and Affiliates.

  • MI Credit Unions See Huge Growth In Auto Loans, Membership, Jobs In 2nd Quarter

    Michigan credit unions reported major increases in loans for new and used automobiles which far surpassed the national rates, according to 2013 second quarter data released by the National Credit Union Administration (NCUA) and analyzed by the Michigan Credit Union League and Affiliates (MCUL).

  • Former OFIR Commissioner Ken Ross Rejoins MCUL

    The Michigan Credit Union League & Affiliates (MCUL) is pleased to announce that Ken Ross, who served as the commissioner of Michigan’s Office of Financial and Insurance Regulation (OFIR) from 2008 to 2011, has been named as the new executive vice president and chief operating officer of MCUL. OFIR is today known as the Department of Insurance and Financial Services (DIFS).

  • MCUL Endorses Gary Peters for Senate

    The Michigan Credit Union League today endorsed Congressman Gary Peters for the U.S. Senate, praising his legislative record of supporting common-sense financial measures that help middle-class families, small businesses and community-based financial institutions such as credit unions.

  • Michigan Credit Unions Shine During National Financial Literacy Month

    While active in financial literacy all year-round, the Michigan Credit Union League & Affiliates and member credit unions have unveiled a roster of activities in local communities across the state geared toward celebrating National Financial Literacy Month in April.

  • Credit Union Auto Club is Newest Invest in America Partner

    CU Solutions Group is pleased to introduce Credit Union Auto Club, the newest program  in its credit union membership enhancement program Invest in America.

  • Michigan Credit Unions Ramp Up Lending in 2012

    Consumers continue to turn to credit unions in record numbers for all their financial needs, making 2012 a banner year for the industry. The record-setting results were buoyed by strong demand for auto loans, mortgages, student loans, and business loans, the Michigan Credit Union League said today as it announced year-end results for 2012 in an analysis of data from the National Credit Union Administration.

  • Michigan Credit Union Members Save $43 Million with Save to Win

    LANSING – What’s even better than saving money? Winning money for saving money! That’s exactly the case for 10 lucky credit union members across the state. This week the 10 grand prize winners of the Save to Win program will each receive a $10,000 check delivered by the Prize Squad during the “Week of Winning” statewide tour.

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