ATLANTA — The failure of two community banks here within three months–and both in the same suburb–is providing an extra nudge to a safety and soundness campaign that will be launched Monday by Georgia Credit Union Affiliates.
Using billboard, print and radio, the month-long Georgia campaign "with a reassuring theme" will "describe the credit union difference and explain how consumers can benefit by belonging to a credit union," said a league spokeswoman.
Without directly mentioning the bank collapses in suburban Alpharetta, Eric Jenkins, senior vice president of growth services at GCUA, said, "credit unions in Georgia are doing well, despite the uncertainty in the banking industry. Our credit unions are well capitalized and ready to lend to members."
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