Wisconsin credit union members spent almost $1 billion less than non-members as they weathered the impact of the Great Recession, according to the Wisconsin Credit Union League.

The savings came in more competitive rates for savings and loans as well as lower fees for different financial services, the league reported in its 2012-13 Scorecard report, which tracked the savings from 2007.

The report detailed Wisconsin credit union's efforts at financial education through 100 branches in schools that the league said saved students $3 million and provided practical business and personal financial management experience.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.