SAN DIEGO - (12/09/05) -- One lucky member of USE CU will getan early Christmas present first thing Friday morning-- A $25,000Xtreme Financial Makeover--but she doesn't even know it yet. MaryAnn Patty will get a surprise Friday morning when USE CU PresidentLinda Baugham appears at her front door to deliver an oversizedcheck for $25,000 representin her Xtreme Makeover winnings. Alongwith the check, the credit union promises the recently widowedyoung mother to provide her with a financial makeover. As part ofthe contest, based on the popular television show Extreme Makeover,the $750 million credit union promised entries a personalizedfinancial 'makeover' or review of their finances in which USEpromised to improve any members financial picture by $2,500or more in 25 minutes, or the member would receive $25. Beside the$25,000 grand prize, the credit union plans to hand out another$2,500 each to six runners-up.
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Amid healthy first-quarter loan growth and improving credit quality, Discover Financial Services slashed its profits by $800 million to offset remediation costs from a 16-year period when it overcharged certain merchants.
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