From Vermont to California, credit unions spotlighted by the national media in the current anti-big bank furor are expressing newfound delight this week at their safe-haven status.
"That is simply good news for all of us," declared Frank Pollack, president/CEO of the $13 billion Pentagon FCU of Alexandria, Va., maintaining the industry has achieved a new financial milestone as an alternative lending source.
And in Dubuque, Ia. the $723 million Dupaco Community CU, featured Tuesday in a nationally-syndicated "CBS Moneywatch" news piece, said it was "obviously pleased " to get the exposure to its rate offerings and the tale of a local couple denied by a bank for a home equity loan.
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