NCUA announced it will reinstate assessing civil money penalties for credit unions failing to submit NCUA Form 5300 Call Report on time, effective Jan. 1, 2024. The December 2023 Call Report will be the first reporting cycle under the reinstated program and will be due by 11:59:59 p.m. ET time, Jan. 30, 2024.
NCUA awarded $400,000 in Community Development Revolving Loan Fund grants to support innovative credit union pilot projects: CBC Federal Credit Union, Greenstate Credit Union, ELGA Credit Union, and True Community Credit Union.
Worldwide Foundation for Credit Unions is providing a $30,100 grant to Agricultural Credit Cooperatives of Turkey through the Turkish Cooperative Earthquake Relief Fund to purchase over 40 air conditioners that will allow for safer conditions for 126 workers and 20,489 members impacted by the devastating Feb. 6 earthquakes.
CUNA offices in Washington, D.C., and Madison, Wis., will be closed Nov. 22-24 in observance of Thanksgiving. There will be no Daily email Nov. 23-24. The Daily will resume Monday, Nov. 27.
CrossState Credit Union Association announced a new partnership with eTrain, an online training platform with hundreds of educational webinars professional development opportunities for front-line staff, volunteers, back-office managers, senior leadership, and everyone in between.
CUNA's National Awards Committee announced the 2023 recipients of the Dora Maxwell Social Responsibility Award, Louise Herring Philosophy in Action Member Service Award, and Desjardins Adult and Youth Financial Education Awards.
CUNA announced the addition of three Associate Business Members: Credit Unions First, Member Access Processing, and Vanco Payments LLC. Membership in the program offers a comprehensive suite of advantages aimed at enhancing market visibility and credibility.
Maine Credit Unions’ Campaign for Ending Hunger is bringing back its Holiday Meals for Mainers initiative. Now through Dec, 26 the Campaign is encouraging people to donate $5 (or more) to help feed a neighbor in need.
CUNA announced its latest Associate Business Member is Open Lending, an industry leader in loan analytics and risk-based pricing. This partnership aims to strengthen advocacy efforts for credit unions and provide enhanced opportunities for borrowers.
New Jersey credit unions joined together to sponsor and support cleaning several beaches along the New Jersey coast, part of twice-yearly sweeps to help remove debris from more than 60 miles of New Jersey coastline.