Department Spotlight: Duke Credit Union Serves 16,000 Members (Financing)

February 2nd, 2012

Department Spotlight: Duke Credit Union Serves 16,000 Members
Duke Credit Union has met employees' banking needs for 44 years
Kanjorski helped clear a way for credit unions to grow
In the 1990s, credit unions were fighting for survival.Their nemesis, the American Bankers Association, convinced a narrow majority of justices on the U.S. Supreme Court that credit unions were acting beyond the scope of the federal law in signing new members. The court ruled that a credit union must limit membership to its original sponsoring group.
Credit Union 24 adds to its network
Democrat staff report — Credit Union 24, the country's largest credit union-owned ATM and point-of-sale network, added 17 credit unions during the fourth quarter of 2011, resulting in the most successful sales quarter for the network last year, the organization announced Wednesday.
5 Unique Ways Credit Unions Boost Your Community
In many ways, credit unions are just like regular banks. They offer checking and savings accounts, loans, credit cards, and all the other financial products you d expect, but there s one characteristic that really sets them apart: the people who profit.