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NEW! What is a credit union? Who is MnCUN? Find the answers and more in Credit Unions & MnCUN (pdf) 

National voter survey shows credit unions gaining ground

In a national voter survey conducted Jan. 24-28, 2010, that surveyed 1,000 consumers across the U.S., 50 percent of voters who responded said that they would side with credit unions if a disagreement over financial legislation broke out in the U.S. Congress or their state legislature (compared to 39 percent for banks). In addition, consumers' trust in banks continues to slip; however, their favorable views of credit unions have not decreased during the past year.
►  Full Story: CUNA News Now (2/17/10) – "CUNA survey: CUs gaining ground with voters" 

Consumers urged to abandon big banks

In recent months, a variety of publications and organizations have jumped on the bandwagon urging consumers to ditch their "big banks" in favor of credit unions or community banks. 
►  See Video: Move Your Money video posted on www.moveyourmoney.info
►  Full Story: The Huffington Post (12/29/09) – "Move Your Money: A New Year's Resolution"
►  Full Story: The Huffington Post (1/6/10) – "Consumers are Moving their Money to Credit Unions, Rising Membership Shows" 
►  Full Story: The Huffington Post (1/25/10) – "Move Your Money: Where Populist Ferver Meets Friendly Faces"  

CUs receive higher approval rating than banks, says Financial Trust Index

According to the latest Chicago Booth/Kellogg School Financial Trust Index, credit unions have a higher approval rating than banks. CUs have a 58 percent approval rating, compared with a 31 percent for national banks and 53 percent for local banks, according to data collected in late December 2009.
►  Full Story: Wall Street Journal (1/26/10) – "National Banks Lag Behind Other Firms In Regaining Public Trust" 

Minnesota Credit Unions: Safe, Sound & Federally-Insured

While Minnesota and the rest of the nation deal with a downturn in the economy and declining stock markets, Minnesota credit unions remain healthy and strong. The state’s 1.5 million credit union members need not worry about the safety and security of their money. Federally-insured, well-capitalized, and still lending, credit unions provide a safe harbor during these tough times. More ►
 

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