David Adams, president/CEO of the Michigan Credit Union League and Affiliates, said he is proud of the Invest in America program's progress.
The National Credit Union Foundation announced this week that Invest in America is the recipient of the 2012 Herb Wegner Memorial Award for Outstanding Program.
"Invest in America was born during the credit crisis in the fall of 2008 when U.S automakers could not sell vehicles, in part due to a lack of consumer credit," Adams said. "Credit unions stepped in to help fill the void and Invest in America partnerships helped GM and Chrysler weather the storm as credit unions gained market share in new vehicle financing for GM and Chrysler products."
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