AOL’s WalletPop: CUs one of memberships ‘worth the money’

Posted by SIU Credit Union on May 27th, 2010 | no comments

MADISON, Wis. (5/27/10 CUNA)–Credit unions are one of 10 memberships “worth the money” for consumers and, furthermore, could be the membership consumers “can’t afford not to join,” according to an article on AOL’s WalletPop.com.

Because many people carry debt on their credit cards, rates charged by credit union cards are desirable [because they are lower than many major card companies], financial guru Suze Orman wrote in an article about safeguarding finances, WalletPop said.

“What I want you to do is to go to creditcardconnection.org and find a good credit union near you,” Orman wrote. “Anybody can join a credit union … [and] get a good credit union credit card.

“Do you know by law, federally chartered credit unions cannot charge you more than an 18% interest rate?” Orman added.

WalletPop also referred readers to the Credit Union National Association’s credit union locator tool on its website.

SIU Credit Union membership is open to anyone living or working in Franklin, Jackson, Jefferson, Johnson, Perry, Marion, Randolph, Saline, Massac, Union or Williamson counties in Illinois. A $5 membership deposit is required to become a member of SIU Credit Union.

CU Employee Crowned Miss HerrinFesta Italiana

Posted by SIU Credit Union on May 25th, 2010 | no comments

photo by The Southern.

At the 2010 HerrinFesta Italiana Scholarship Pageant, Andrea Mays was crowned Queen. Mays, a native of Cobden, was sponsored by SIU Credit Union. She is 23 years old and the daughter of Ron & Shelly Mays. Andrea is a senior teller at SIU Credit Union’s Giant City Road Location.

Mays has been competing in pageants since she was 11 years old. She will serve as Miss HerrinFesta for the next year.

CU Employee Competing for Miss HerrinFesta Italiana

Posted by SIU Credit Union on May 21st, 2010 | no comments

One of the missions we have here at the credit union is to be active in the communities we serve. The big event in Southern Illinois this time of year is the HerrinFesta Italiana. Located in Herrin, Illinois, the Festa draws crowds from surrounding areas. This year, one of our senior tellers is competing in the HerrinFesta Scholarship Pageant and we couldn’t be more proud of her.

Andrea Middleton, a senior teller at our Giant City Road location, will compete with other women from Southern Illinois for the $5,000 scholarship award. SIU Credit Union is sponsoring Andrea in the pageant.

Andrea has won other crowns and we wish her well in her upcoming competition.

The event is 7 p.m., May 24, at the Herrin Civic Center.

Schaefer Sworn In As League Director

Posted by SIU Credit Union on May 5th, 2010 | no comments

Dennis Schaefer, (middle) President and CEO of SIU Credit Union, is sworn in as an Illinois Credit Union League Director.

SIU Credit Union President and CEO Dennis Schaefer was sworn in to the Illinois Credit Union League (ICUL) board of directors Thursday at the league’s annual Delegates’ Meeting by Chairman John Bratsakis in Chicago.

Schaefer was elected at the Jan. 28 meeting of the Egyptian Chapter.