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Gas Pain Elixir: Scooter Loans or Travel Cuts

NEENAH, Wis. -- For credit unions, the cost of $4.00-plus gas last week turned into both a loan opportunity and an internal dilemma.

By Jim Rubenstein | Updated on June 17, 2008

NEENAH, Wis. — For credit unions, the cost of $4.00-plus gas last week turned into both a loan opportunity and an internal dilemma.

First, there was the Pennsylvania Credit Union Association which said it was formally surveying its members online to check how CUs were coping with gas prices maybe cutting staff travel to outlying branches, or extending aid or incentives to hard-pressed employees to help with transportation expenses.

And then there were at least two CUs, one here and the other in Vermont, pedaling scooter loans.

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