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.
The final day of the 2017 CUNA GAC culminated with an energetic throng of credit union representatives from every state of the country ascending Capitol Hill to share the credit union story with national lawmakers in Washington, D.C.
CUNA Board Vice Chair Maurice Smith was one of four individuals inducted to the African-American Credit Union Coalition Hall of Fame Tuesday at a networking event held in conjunction with CUNA Governmental Affairs Conference.
Fewer than two-fifths (38%) of American households report good or excellent progress in meeting their savings needs, with over one-quarter (27%) indicating no progress at all, according to the 10th annual American Saves Week survey.
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.