Get the latest news and information from CU Insight delivered to you anywhere.

SIGN UP NOW

  Community

 

A friend in need

Posted by Michael Fryzel on October 7, 2013

 
 

Some will never feel the direct impact of the federal government shutdown. Others will never know one occurred. However, many people across this country are impacted in a way none of us ever wanted to be. They fear not having enough money to pay the bills or to buy groceries to feed their families.

Hundreds of thousands of federal employees, told not to report to work, are now facing that fear. They don’t know when they will be back at work. Fortunately for many of them, they belong to one of the premier financial institutions in this country, a credit union.

Once again, as they regularly do, credit unions have stood up, come to the forefront and proven that they practice what they preach. They hold true to their philosophy of people helping people.

Across the country, numerous credit unions have initiated various programs that provide various means of financial assistance and options to help their members get through this difficult time.

Navy FCU, Andrews FCU, Kirtland FCU, Service CU, FirstLight FCU, Randolph-Brooks FCU, Air Force FCU, Belvoir FCU, National Institutes of Health FCU, Scott CU, Meritrust CU and Marine FCU are just some of the many credit unions that have come forward to help their furloughed members who need it. Accolades to them and to every credit union that steps and goes the extra mile for those who belong.

Credit unions: A friend in need is a friend indeed.

 
 

Michael Fryzel
Michael E. Fryzel is an Attorney and Financial Services Consultant with offices in Chicago, Illinois. He can be reached at meflaw@aol.com. Utilizing his extensive experience as a proven state and federal regulator of financial service industries along with his knowledge of the laws ...

Read More »
 
 
 
PREVIOUS NEXT
 
 
Post a Comment
 

CU Partner Profiles see more »

  • A history of expertise. A future of serving our clients. Accenture Mortgage Cadence, founded in 1999, offers a [...] read more

  • AffirmX, formerly NeighborBench, helps credit unions reduce compliance and risk management and workloads, anxieties and costs. Our patented, [...] read more

  • PSCU (St. Petersburg, FL) is the nation's leading credit union service organization (CUSO) and serves more than 1,[...] read more

  • CUNA Mutual Group has been committed to helping customers achieve financial success since our founding in 1935 by [...] read more

  • CUNA Councils is the professional organization for credit union executives to stay up-to-date on the latest regulations, best [...] read more