The Minnesota Credit Union Network announced Mark Cummins will retire as President and CEO of the state trade association next spring. Cummins has served in the role for 15 years, and has served on the CUNA Executive Committee and chaired AACUL's board.
The Worldwide Foundation for Credit Unions’ (WFCU) Ukrainian Credit Union Displacement Fund is providing $100,000 in targeted aid to farmers faced with an increasing food security crisis brought on by Russia’s war in Ukraine.
Michigan Credit Union League President/CEO Patty Corkery welcomed a fellow League president on her Credit Unions, Coffee, and Conversations podcast, Credit Union Association of New Mexico President/CEO Juan Fernandez Ceballos.
Credit unions have lots to offer when it comes to helping members feel financially secure, Dakota Credit Union Association Jeff Olson wrote in The Minot Daily News, noting credit unions provided $12,557,606,745 in direct financial benefits to members in 2021.
Credit union loans outstanding increased 1.9% in April, compared to a 1.8% increase in March of 2022 and a 0.5% increase in April of 2021, according to CUNA’s latest Monthly Credit Union Estimates.
Earning and maintaining the Certified Credit Union Financial Counselor (CCUFC) designation is important for any credit union staff member who wants to counsel members to improve their financial well-being.
The Cornerstone League and Heartland Credit Union Association are exploring the possibility of a merger. Both boards approved moving forward with the due diligence process, and a letter of intent has been signed by both organizations.
The Credit Union League of Connecticut and its wholly owned subsidiary, League Services Corporation, announced the launch of Aluvy, an online loan participation platform that will give more credit unions better access to loan participations at an affordable price.
The Cornerstone League released its 2021 Impact Report with a "comprehensive story about how the League has shown up for its members and the community throughout the year."
Credit unions across Illinois have provided more than $110,000 for a variety of humanitarian relief efforts in Ukraine. Donations to the Illinois Credit Union Foundation’s Ukraine Fund--including $25,000 in matching funds from Envisant--will go to the Selfreliance Foundation Ukraine Relief Fund.