RECENT ARTICLES

CCCS Clients Get Windfall: San Francisco Firm, With a Similar Name, Writes $30,000 Check

by Steven Oberbeck
The Salt Lake Tribune
January 11, 2005

A nonprofit San Francisco-based credit counseling organization has stepped forward to reimburse Utahns who lost money when the Consumer Credit Counseling Service of Utah (CCCS) failed last year.

BALANCE Financial, a subsidiary of Consumer Credit Counseling Service of San Francisco - an organization unrelated to the similarly named Utah service - has issued approximately $30,000 in checks ranging in value from $5 to $1,800 to 85 Utahns who contracted with CCCS of Utah to help them manage their finances, then saw their debts go unpaid. Read more...

CUs' credit counselor aids defunct-CCCS clients

CUNA News Now
January 14, 2005

SALT LAKE CITY (1/14/05)--Balance Financial--a consumer credit counseling service used by many Utah credit unions--is helping consumers who were financially hurt by the now-defunct Consumer Credit Counseling Service (CCCS) of Utah.

The subsidiary of Consumer Credit Counseling Service of San Francisco--similarly named but unrelated to the failed Utah company--paid $30,000 to 85 Utah residents who went to CCCS of Utah for financial help.

Balance Financial President Joanne Budde said the agency is stepping forward to protect the reputation of Consumer Credit Counseling Services. We don't want one agency to destroy the trust we've developed and good reputation we've earned over the past 40 years, she said. Read more...

CCCS Customers Repaid: Those Who Lost Money to Credit Agency Get Checks

by Dave Anderton
Deseret Morning News
January 12, 2005

At least 85 consumers across the Intermountain West who lost money to a now-defunct consumer credit counseling agency are getting their funds back.

On Tuesday, the Utah Division of Consumer Protection announced that BALANCE Financial Fitness Program, a private company, was disbursing nearly $30,000 in refund checks to individuals who lost money to Consumer Credit Counseling Service of Utah. Read more...

PRESS RELEASE ARCHIVES

MECU Sponsors South Side Community FCU in BALANCE Partnership
January 28, 2004

West Coast CUs Join Fnancial Fitness Partner
June 5, 2003 Financial Fitness Program to Ease CU Members' Money Woes
May 27, 2003 Workplace Options and BALANCE Financial Fitness Program Announce Partnership
May 22, 2003

Digital Federal Credit Union Annual Business Partnership Awards
January 2003

Tyson Foods Launches $50 Million Homeownership Initiative for Team Members with Freddie Mac
February 13, 2004 • The Tyson Workforce Home Benefit Program
www.freddiemac.comLoss Reduction: A Proactive Approach
July 2003 • www.creditunions.comHow to leave a lasting impression with home-buyer seminars
August 2002 • CUNA Mutual Mortgage CorporationA Phone Call Away: Credit unions signing up for debt phone service
January 30, 2002 • Credit Union TimesDigital, Boeing offer new debt aid plans
January 30, 2002 • Credit Union TimeSan Francisco debt phone service expects CU list to double
January 23, 2002 • CU Times

More Than 70 CUs Have Turned to Counseling Service
November 19, 2001 • Credit Union Journal