PORTLAND, Ore. (7/17/14)--The Northwest Credit Union Association (NWCUA) created an eye-catching way for its member credit unions to communicate how Washington and Oregon credit unions collectively saved consumers $280 million in the 12 months ending March 2014.
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The NWCUA created downloadable check images that member credit unions can post to market the credit union difference to the public.
The two checks are made out to the members of each state and signed by ASmarterChoice.org, the consumer website launched in 2011 by the Credit Union National Association and state credit union associations to provide information on credit unions to potential members and the press.
Washington's 3 million members collectively saved nearly $202 million, while Oregon's 1.4 million members saved more than $78 million, according to an analysis by CUNA. The quarterly report is based on data collected by Datatrac and the National Credit Union Administration (NCUA), which tracked fees, loan rates and interest on savings at banks and credit unions (Anthem July 16).
The NWCUA also provides its member credit unions with community impact reports to share with their members that include statistics such as: