CT Credit Union, Bank Associations Join For COVID-19 Message

Rare Joint Message From Rival Organizations

Keith Griffin

March 30, 2020

George Bailey from It's a Wonderful Life

The heads of the Credit Union League of Connecticut and the Connecticut Bankers Association have issued a joint statement seeking to assuage customers. The statement was published as an opinion piece in The Hartford Courant.

Bruce Adams, president and CEO of the Credit Union League of Connecticut, and Tom Mongellow, president and CEO of the Connecticut Bankers Association, compared the current situation to the movie “It’s A Wonderful Life.”

They said, “George Bailey helped understandably scared people to believe in themselves and the power of their communities to help lift everyone up. It worked in the movie, it works in real life, and it will work right now in Connecticut, as we find ourselves in the grip of a global pandemic.”

The duo added, “This disruption is extraordinarily real. It touches every segment of our personal and business lives. But as we all move through what remains a great unknown for the immediate future, and we think about our personal finances, let’s think more like George Bailey and rally our communities together. Because your money is safe, and we will get through this. Together.”

Read more about the joint statement.

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