Members CU Blog

MCU Eases Financial Worries with “Ask Jack” Blog

Written by CarlaL | Oct 14, 2008 4:31:02 PM

Winston-Salem, NC - Members Credit Union (MCU) launched “Ask Jack” (jackbraswell.com) today to help consumers better understand the financial news of the day. The collapse of major retail and investment banks, coupled with unprecedented volatility in the financial markets have caused many consumers to panic about the safety of their deposits. They wonder how much exposure their financial institution may have to the so-called “credit crisis”.
The “Ask Jack” blog allows consumers to send questions directly to Members Credit Union President/CEO Jack V. Braswell, Jr., anonymously if they so choose, that will be answered publicly on the blog.
“Grasping the implications of complex financial news can be tough,” says Braswell. “Our site will allow consumers to get unbiased, straightforward answers from a not-for-profit financial cooperative whose simple goal is to reduce public panic about their money.”