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.
In honoring Black History Month, Tim Anderson, board chair of the African American Credit Union Coalition, and CUNA President/CEO Jim Nussle co-authored an op-ed that highlights how credit unions and civil rights are similar in how they “do for others.”
California credit unions generated a $17 billion economic impact and Nevada credit unions a $803 million jolt to their respective state economies in 2016, according to new report commissioned by the California and Nevada Credit Union Leagues.
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.