Marketing

The California credit union that removed a controversial web ad suggesting its safety/soundness record was superior to competing CUs and banks decried "economic terrorism" Monday erecting a "no to bailout" sign in front of its main branch.

Aiming to blunt negative fallout from the closing of Central States Mortgage Corp., the Wisconsin Credit Union League said the problems at CSMC are an anomaly as distinguished from a "healthy growing industry with a strong performance in 2008."

The $1.2 billion Polish and Slavic Federal Credit Union has drawn international attention for its work with the Polish community.

Touting the industry's differences, Sheilah Montgomery, president/CEO of 1st Choice Credit Union, was a guest speaker on "Minding Your Money," an Atlanta-based radio program.

Seven families have until the end of the year and a $10,000 incentive to prove that they have what it takes to financially improve their lives.

It's been more than a month now since that ABC-TV crew did what was called an "ambush" number on credit union attendees convened for a Credit Union Executives Society conference at a Caribbean resort and so far nothing has been broadcast.