OMNI Community Credit Union awarded a “Give Back” grant to a local shelter organization, S.A.F.E Place, which helps thousands of domestic abuse victims and their children.
The $5,000 grant helps the shelter provide services to victims at no cost.
“S.A.F.E. Place is an organization that is invaluable,” says Ted Parsons, CEO of OMNI Community Credit Union, Battle Creek, Mich. “Helping domestic violence victims by giving them the peace of mind that they are safe and don’t have to worry about money at such a difficult time is vital. We are proud to be given the opportunity to help these families.”
The discussion boards on CUNA’s Compliance Community featured an interesting discussion last week: what is the difference between the terms “share draft” and “checking account”? The correct use is important since credit unions pay dividends, not interest.