Ohio Credit Unions Financially Sound, Ready to Serve
(July 17, 2008)
Dublin, Ohio  – Ohio credit unions are safe, stable, and sound in the midst of an otherwise uncertain financial services market recently dominated by alarming headlines. These headlines have prompted questions among the more than 2.6 million credit union members in Ohio about how credit union deposits are protected. The Ohio Credit Union League is reminding credit union members that their deposits are protected up to at least $100,000, and in many cases more, and that credit unions are secure, strong, and ready to serve.

League Employee Retires After 36 Years of Dedication to Ohio Credit Unions
(June 26, 2008)
Dublin, Ohio  – When it comes to the Credit Union Movement in Ohio, Ohio Credit Union League Special Projects Manager John Rowley is an encyclopedia of knowledge, statistics, and history.  On a night when the League recognized his more than 36 years of service, Rowley shared his thoughts on the past, present, and future of credit unions in Ohio and thanked his colleagues for what he said has been a thousand-mile journey that began with a single step.

Ohio Foundation Grants $5,000 in Relief to Iowa Colleagues
(June 20, 2008)
Dublin, Ohio  – The Ohio Credit Union Foundation (OCUF) announced the disbursement of a $5,000 Disaster Relief Grant to the Iowa Credit Union Foundation to assist credit unions, their employees, volunteers, and members affected by the ongoing floods.  This is the first disaster relief grant issued by OCUF in 2008.

Ohio Foundation Celebrates $1 Million in Grants to Credit Unions
(June 11, 2008)
Dublin, Ohio – Ten years after it began fundraising, the Ohio Credit Union Foundation (OCUF) is praising its supporters, donors, and grant applicants and recipients as a recent grant brought the total amount of funds awarded to more than $1 million. Thanks to the efforts of OCUF trustees through the years, credit union outreach programs, financial education, professional development and disaster relief initiatives have been overwhelmingly supported, assisting hundreds of credit unions, their members, and communities.

School Break is the Perfect Time to Teach Money Management to Your Kids
(May 29, 2008)
Dublin, Ohio – It is never too early begin teaching your children basic financial principles like differing wants from needs, properly using credit and debit cards, saving, and budgeting.  Most students are about to embark on a nearly three month break from school, allowing time for parents to work one-on-one with their children to instill healthy financial practices.  Doing so is educational, engaging, and fun.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(May 23, 2008)
Dayton, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out. That’s why the Ohio Credit Union League (OCUL) launched a financial education initiative today in Dayton, called MoneyAndStuff™.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(May 19, 2008)
Whitehall, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out. That’s why the Ohio Credit Union League (OCUL) launched a financial education initiative today in the Columbus suburb of Whitehall, called MoneyAndStuff™.

Stringent Payday Lending Bill Passes Ohio Senate
(May 14, 2008)
Dublin, Ohio  – The Ohio Senate voted 29-4 today to approve substitute House Bill 545, landmark legislation that will impose some of the most restrictive regulations in the country upon Ohio’s payday lending industry.  The legislation, however, does not impact the StretchPay program offered by many Ohio credit unions to members as an alternative to short-term lending.

Credit Unions Provide Answer to Financial Literacy and 2010 Mandate
(April 30, 2008)
Columbus, Ohio – Less than one quarter (23 percent) of Ohioans make any effort to encourage financial literacy in their families according to research conducted by the Ohio Credit Union League.  The Ohio General Assembly addressed this growing public need by requiring financial education be taught in all public high schools by 2010 (SB 311, 126^th GA).  The Ohio Credit Union League launched MoneyAndStuff to help educators meet the state’s requirement and to arm parents with tools to teach money matters at home.

ZENITH08 Welcomes Ohio CU Leaders to Columbus
(April 22, 2008)
Dublin, Ohio  – Nearly 700 credit union leaders from Ohio and 300 exhibitors will descend on Columbus for the state’s annual credit union convention, ZENITH08, April 24 - 25.  The state’s largest gathering of credit unions boasts an agenda attractive to credit union CEOs, staff, board members, and guests.  The range of educational topics include enhancing technology for member services, benefits and drawbacks of mergers, “greening” your operations, tapping key members, and capitalization. 


Parents, Educators Should Spotlight Financial Literacy in April
MoneyAndStuff.info has free financial education curricula, games, and tips
(April 1, 2008)
Dublin, Ohio  – Ohio credit unions are recognizing April as Financial Literacy Month and reminding parents and educators about the importance of teaching financial education at home and in the classroom.  In 2006, the Ohio General Assembly created a mandate requiring financial education in all Ohio high schools by 2010.  However, the need for financial education is immediate, and the Ohio Credit Union League is arming parents and teachers with educational tools through their MoneyAndStuff initiative.

Shared Branching Sets Credit Unions Apart
(March 27, 2008)
Dublin, Ohio  – More than 80 credit unions in Ohio participate in Shared Branching, which allows credit union members to conduct brick and mortar transactions in all 50 states and in six foreign destinations.  Created with members’ convenience in mind, Shared Branching allows credit unions across the country to actually "share" their participating branches with each other, providing service to other credit union’s members.  Branches participating in the network are being added at a rate of 1.5 per day.

StretchPay Saved Consumers More Than $3 million in 2007
(February 28, 2008)
Dublin, Ohio  – A credit union alternative to traditional payday lending, StretchPay, saved members of thirty-one credit unions more than $3 million in 2007.  Collectively, credit unions in Ohio, Maryland, Michigan, and District of Columbia made 64,400 StretchPay salary advance loans last year totaling nearly $25 million. They accumulated $476,000 in fees and $187,000 in interest at an annual percentage rate (APR) of 18%. Members borrowing the same amount at traditional payday lenders – which typically charge $15 per $100 borrowed and up to 391% APR -- would have paid more than $3.7 million in interest and fees.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(February 19, 2008)
Hamilton, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out. That’s why the Ohio Credit Union League (OCUL) launched a financial education initiative today in Hamilton, called MoneyAndStuff™.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(February 19, 2008)
Cincinnati, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out. That’s why the Ohio Credit Union League (OCUL) launched a financial education initiative today in Cincinnati, called MoneyAndStuff™.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(February 11, 2008)
Toledo, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out. That’s why the Ohio Credit Union League (OCUL) launched a financial education initiative today in Toledo, called MoneyAndStuff™.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(January 9, 2008)
Lima, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out.

Make Your Financial Well-Being a Resolution in 2008
(January 04, 2008)
Dublin, Ohio  – The New Year is traditionally a time to reflect upon the past year and plan for the future.  Ohio’s credit unions and the Ohio Credit Union League are offering five resolutions that can help almost anyone improve their current financial status, an important aspect of overall health and happiness.  From learning how to monitor expenses through budgeting, to understanding and managing debt, make 2008 the year you improve your overall financial well-being.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(December 13, 2007)
Youngstown, Ohio – Have you had the “talk” with your kids yet? Most parents try to talk to their children about making the right choices when it comes to smoking, drinking, and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out.

Spending Tips for Holiday Shoppers from Credit Unions
(November 30, 2007)
Dublin, Ohio  – Ohio’s credit unions are reminding shoppers to spend wisely this holiday season by offering tips on how to spread holiday cheer without falling into unmanageable debt. It is common to open your hearts, and your wallets, when looking for the perfect gift. However, the holiday season can often leave those who overspend seeing more red than green.  Credit Union National Association Chief Economist Bill Hampel says that even though consumers are concerned about rising expenses, such as the price of gas, spending is likely to increase slightly this year over last.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(November 20, 2007)
Kent, Ohio – Have you had the “talk” with your kids yet? Only 23 Percent of Ohioans Encourage Financial Education. Most parents try to talk to their children about making the right choices when it comes to smoking, drinking and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out.

Ohio Credit Unions Launch Effort to Improve Financial Literacy
(November 20, 2007)
Cleveland, Ohio – Have you had the “talk” with your kids yet? Only 23 Percent of Ohioans Encourage Financial Education. Most parents try to talk to their children about making the right choices when it comes to smoking, drinking and dating.  But how many parents educate their children about making wise decisions when it comes to money and credit? Not many, it turns out.

Lack of Financial Literacy in Ohio Discussed at Forum
(October 29, 2007)
Only five percent of Ohio adults recall being taught personal finances when they were younger.  This lack of financial literacy prompted the Ohio Credit Union League to focus on the critical need for financial education at the League’s 2007 Credit Union Forum on Public Affairs in Columbus.  Ohio Governor Ted Strickland addressed credit union leaders at the forum, reinforcing the importance of financial education and thanking credit union leadership for their commitment to providing financial education opportunities within their communities.

Credit Unions Celebrate Serving Their Members
(October 17, 2007)
Credit unions across Ohio and around the world will commemorate International Credit Union Day on Thursday, October 18, under the theme, “Credit Unions: Together We’re Better.”  Ohio’s 438 credit unions and 2.7 million members will celebrate the unique service that credit unions provide and the many ways families and communities benefit from the credit union difference.

Members pass Ohio Credit Union League’s dues proposal by wide margin

(September 10, 2007)
The Ohio Credit Union League’s proposed new dues model has been passed by its member credit unions by a margin of 77 percent. Fifty-eight percent of the League’s membership participated in the ballot process. The League’s 347 member credit unions voted via mail ballot between August 1 and August 31. The proposal was unanimously supported by the League’s board of directors.

Students learning critical financial skills thanks to Ohio credit unions
(October 31, 2006)
Students returned to school this fall to learn about subjects that will help them succeed in life. But one critical element missing from most Ohio primary and secondary school students’ curriculum is financial education. The average teenager has at least $1,500 of personal credit card debt when they enter college, according to MSNBC.com, because they didn’t learn personal financial skills at home or in school and fell into a cycle of debt early in life. Ohio’s credit unions are working to change that by teaching students sound financial practices that will result in a lifetime of wise financial decisions.

Credit Unions Reach Out, Offer Consumers Alternative to Payday Loans