The Economic Growth, Regulatory Relief and Consumer Protection Act, would provide much-needed regulatory relief for credit unions and banks and lower the cost of borrowing for thousands of Indiana businesses, Kevin Ryan, president/CEO Financial Center First CU, Indianapolis, wrote in an op-ed that appeared in the Indy Star.
The World Council of Credit Unions seeks nominations from its member organizations for the World Council Young Credit Union Professionals scholarship program, an international networking and educational opportunity for emerging credit union leaders.
Credit unions who made claims under the Home Depot data breach settlement will begin receiving settlements payments from the company starting in January. A settlement was approved in September that included the creation of a $25 million fund by Home Depot and an agreement to strengthen its future data security measures.
The National Credit Union Foundation has announced the addition of Chad Helminak as the new director of Credit Union Development and Cooperative Values Engagement, effective Jan. 29. Helminak will lead the Foundation’s popular Credit Union Development Education Training and engage the growing corps of Credit Union Development Educators.
PenFed CU’s charitable arm, the PenFed Foundation, is donating $300,000 to Serve Our Willing Warriors to construct a home that will provide a week-long respite in the Virginia countryside for hundreds of Wounded Warriors undergoing long-term medical treatment.