ST. LOUIS (4/10/14)--Missouri Credit Union Association (MCUA) leaders have been telling state and federal lawmakers a story recently, and while the story comes in different forms, it always ends the same: Credit unions offer myriad advantages to those who manage their finances with them.
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One way Missouri league leaders tell the credit union story is with a brochure that highlights all the ways credit unions benefit their members.
The "Show-Me Scorecard," which features responses from 53 credit unions across the state, covers information such as total savings for credit union members; youth and adult financial education efforts; community contributions such as scholarships and charitable work; and credit union testimonials (Missouri Difference April 9).
Total savings for credit union members, thanks to lower loan rates, lower fees and higher savings, totaled $87 million over what they would have paid at banks in 2013.
The league shares its story on a website where legislators and consumers can access information about the state's member-owned institutions. The site features weekly financial tips and stories about how credit unions support both their communities and their members, among other things.
MCUA also has maintained a presence in social media, and continues to ask credit unions and their members to share stories about positive experiences and events at credit unions.
The league encourages credit unions to share data regarding the financial benefits of credit unions, such as loan-rate savings or low interest rates that credit union members enjoy as well.
The story goes on.