The media blitz by both CUNA and NAFCU to counter the negative "credit union bailout" message went into high gear today with new videos and top brass keeping in contact with TV producers and financial reporters on the corporate crisis.
The effort to tamp down public fears about CU troubles was highlighted by CUNA producing a special new video to be issued today featuring President/CEO Bill Cheney urging consumers to "get the full story on NCUA actions and not be misled by headlines" that call the corporate seizures a CU bailout.
"We'll be posting the video on our website today, on YouTube and are sharing it with CUs via the leagues and CUNA Marketing Council," said Mark Wolff, senior vice president-communications.
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