In the News

• CUNA Estimates 650,000 Have Moved to Credit Unions
  

  CUNA estimates that at least 650,000 consumers—reacting to rising fees at banks—have joined credit unions since Sept. 29 (the day Bank of America unveiled its now-rescinded $5 monthly debit card fee). During that same time period, CUNA estimates that credit unions have added $4.5 billion in new savings accounts, likely from the new members and existing members shifting their funds.

• Toolkit for US Savings Bond Sales Change
  

  Over-the-counter (OTC) sales of paper savings bonds ends December 31, 2011. Treasury has prepared a toolkit to help credit unions provide helpful consumer service about the change.

• Health Insurance Trust Gets MEWA