MADISON, Wis. (12/22/15)--Time and again in 2015, CUNA leaders were called upon by many of the biggest publications across the country for their insight, expertise, and advice related to financial services. The appearances also allowed CUNA to continue to raise awareness of the credit union movement.
The New York Times reached out to CUNA on several occasions this year to discuss the growing popularity of credit unions and the cost of data breaches on financial institutions.
CUNA President/CEO Jim Nussle appeared on Bloomberg TV and radio programs to talk about the credit union difference and to correct a number of misconceptions about credit unions.
And CUNA’s stable of economists regularly appeared in The Wall Street Journal, Reuters and other publications to unpack and explain recent events in the economy.
There were many to consider, but the Top 10 media mentions for CUNA in 2015, according to News Now, can be found below:
1. Nussle appears on Bloomberg TV. In February, Nussle was a guest on the Bloomberg TV program “Bloomberg Surveillance” and talked about how credit unions--not banks--are best suited to serve the underserved. He also took the time to refute misconceptions floated by banks about credit unions.
2. Hampel/Dykstra illustrate cost of data breaches on financial institutions. Bill Hampel, CUNA chief economist, and Diana Dykstra, president/CEO of the California and Nevada Credit Union Leagues, were quoted heavily in a July article in The New York Times to explain how credit unions, not retailers, bear the cost of data breaches.
3. Nussle’s voice hits the airwaves. CUNA’s president/CEO spoke with Bloomberg radio in May about the importance of raising the member business lending cap for credit unions.
4. Hampel explains the credit union appeal in The New York Times. The Times took notice of the recent growing popularity of credit unions, and spoke with Hampel about the “appeal of credit union mortgages” in a July article. “More than 100 million Americans are members of credit unions, and not just because they want inexpensive checking,” the article said. “These nonprofit lenders are increasingly winning over borrowers with low-cost mortgages and programs aimed at first-time homebuyers.”
5. Nussle named top dog among Capitol Hill lobbyists. In its annual survey in October, The Hill named Nussle one of the top lobbyists of 2015.
6. Nussle talks small-business lending with Forbes. In a Sept. 16 article in Forbes, Nussle discusses the importance of introducing the Small Business Lending Enhancement Act, which would help entrepreneurs gain access to much-needed capital.
7. Schenk on the auto industry in The Boston Globe. In a November article in The Boston Globe, Mike Schenk, CUNA vice president of economics and statistics, was asked to discuss how the recent surge in auto sales in the United States has boosted credit union bottom lines.
8. A CUNA economist in The Economist. Hampel kept his string of appearances in high-profile publications humming along in October when The Economist interviewed him for an article about the international credit union movement called “Winning Converts.”
9. Hampel graces the pages of the Chicago Tribune. In August, Hampel spoke to the Tribune about the availability of student loans at credit unions. “We’re pretty sure that just about anybody can find two or three credit unions nearby that they can join,” Hampel told The Tribune. The article also mentions aSmarterChoice.org.
10. National publication asks CUNA to weigh in on the Federal Reserve’s interest rate decision. After the Fed chose not to raise interest rates after its September meeting, The Wall Street Journal tapped Perc Pineda, CUNA senior economist, to give a reaction.
Additional noteworthy mentions: