Park Community Credit Union - Credit Unions Are Growing Fast

As the economy heats up America’s credit unions are benefiting, according to new report in Credit Union Times.

CU Times’ Jim DuPlessis reports that credit unions are setting records and outperforming banks. New members are joining in numbers never before seen, and current members are borrowing more.

DuPlessis – citing consulting firm Callahan & Associates — writes that, “First-quarter data shows credit unions Credit unions had 109.6 million members on March 31, up from 105 million a year ago. About 1.4 million members joined in the first three months of 2017, the largest quarterly gain on record.”

Read the full article here: http://www.cutimes.com/2017/05/25/credit-unions-on-fire-in-hot-economy

Interest in credit unions really took off after the financial crisis. People looked for alternatives to the big banks, and found that credit unions offer not-for-profit community banking. Honest banking that puts members first because every CU member is a part-owner of his or her CU.

It’s good to know that CUs are going stronger than ever as the economy continues to improve.

Check out our Pinterest Page for financial tips or visit our website for information about our credit union.

A community of opportunity.

Majority of U.S. Employees Overall Satisfied with Their Job, According to The Conference Board

Fifty-one percent of U.S. employees feel overall satisfied with their job, according to The Conference Board’s latest survey on job

Consumers More Likely to Get Vaccinated After Last Year’s Bad Flu Season

Marking the start of flu vaccine availability, a new survey from CVS Health released recently found that one in five

National Thrift Store Day Is This Friday

If you haven’t been to your local thrift store in a while, perhaps this Friday would be a good time