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Making Sense of the Credit Crisis

Members Credit Union’s marketing department has developed an extremely simplified view of what led to the current credit crisis. Obviously omitted were discussions of the derivatives market, insurance programs, and specific investment practices. This was intentional. While we realize that these were factors that exacerbated the problem, it was imperative for us to get to [...]

How Did We Get Here? What Led Our Economy To This Point?

What Does The Current Financial Crisis Mean For The Typical American’s Deposits?

Does The Current Financial Crisis Mean I Won’t Be Able To Get A Loan?

Is It True That Credit Unions Are Lending More Money Than Banks Right Now?

Is There Any Risk of the NCUA Going Under?

How Do Credit Unions Make Money? Where Do They Invest?

Does the Financial Crisis Mean Loan Rates Are Going Up?

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Ask Jack: Explaining the Credit Crisis

Ask Jack: Explaining the Current Financial Crisis on Vimeo.

Looking Out for the Little Guy

1n 1953, the hard-working employees of McLean Trucking Company grew tired of being abused by big banks. The traditional whipping boys of the banking industry, working class Americans had one of two options for their financial services: become the unwilling cash cows for bankers and their investors; or get shut out of the industry altogether. [...]