National Credit Union Youth Month’s savings challenge railed young members to deposit $16.8 million in their credit union accounts this April—double the amount deposited during the challenge last year.
The National Credit Union Foundation board of directors has elected John Sackett, board treasurer of Royal Credit Union, Eau Claire, Wis., to its board. The CUNA board of directors recently designated Sackett, a CUNA board member, as a CUNA board representative on the Foundation board.
CUNA Emerging Leader Institute, set for Dec. 4-6 in San Diego, provides fundamental skills and insights for new credit union leaders, those who aspire to be credit union leaders, and seasoned executives.
The 2017 CUNA Bank Secrecy Act Certification Conference in partnership with the National Association of State Credit Union Supervisors, will be held Nov. 12-15 in Las Vegas. The event provides a thorough, current education on the Bank Secrecy Act (BSA) and related anti-money laundering laws while providing attendees the opportunity to become certified as Bank Secrecy Act Compliance Specialists (BSACS).
The March 2017 edition of the CUNA Economic Update is now available. CUNA Senior Economist Perc Pineda hosts the episode, which is endorsed by CUNA CFO Council and covers topics such as interest rates, economic growth and the relationship between the two, as well as the outlook for credit union loan growth.
Credit Union Magazine is accepting votes for the 2017 Credit Union Hero of the Year, an award recognizing an exceptional credit union professional who embodies credit union the philosophy and values. Readers can vote until April 15 for this year’s recipient, who will be presented the honor at CUNA America’s Credit Union Conference, June 25-28, in Las Vegas.
CUNA, with the generous support of CUNA Mutual Group and CO-OP Financial Services, was able to secure the rights to the .creditunion domain from the Internet Corp. for Assigned Names and Numbers. Beginning this summer, credit unions will be able to register and use a .creditunion domain name of their choice to serve as a trusted source identifier on the internet for their members.
CUNA’s compliance staff was recently asked about a garnishment order for a member’s that receives federal benefits. The credit union determined the member did not have enough and the member asked the order be paid in full using those funds.